1st Source Corp expected to post earnings of $1.11 a share - Earnings Preview

1st Source

18/07/2023 21:03

* 1st Source Corp  SRCE.OQ   SRCE.O  is expected to show a
rise in
quarterly revenue when it reports  results on July 20. 
    * The South Bend Indiana-based  company is expected to
report  a
6.1% increase in revenue to $91.555 million from $86.29 million
a year ago, according to the mean estimate from 3 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for 1st Source Corp is
for
earnings of $1.11 per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for 1st Source
Corp
is $45​, above​ its last closing price of $43.53. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2023  1.24        1.25       1.25      Met     -0.1
 Dec. 31 2023  1.36        1.28       1.25      Missed  -2.5
 Sep. 30 2022  1.20        1.16       1.32      Beat    13.3​
 Jun. 30 2022  1.10        1.06       1.18      Beat    11
 ​​Mar.        1.00        0.98       1.10      Beat    11.9
 31 2022                                                
 Dec. 31 2021  1.15        1.14       1.11      Missed  -2.3​
 Sep. 30 2021  1.09        1.06       1.29      Beat    21.2
 Jun. 30 2021  1.04        1.04       1.19      Beat    14.5
 This summary was machine generated July 18 at 20:03 GMT.  All
figures in US dollars  unless otherwise stated