1st Source Corp expected to post earnings of $1.14 a share - Earnings Preview

1st Source

18/01/2022 21:02

* 1st Source Corp  SRCE.OQ   SRCE.O  is expected to show a
fall in
quarterly revenue when it reports  results on January 20. 
    * The South Bend Indiana-based  company is expected to
report  a
3.2% decrease in revenue to $85.316 million from $88.09 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 $1.14 per share. For the same quarter last year, the
company reported earnings of $1.03 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 $50​, about 5.2% below​ its last closing price of $52.59. ​​​
    * 

This summary was machine generated January 18 at 21:02 GMT.  All
figures in US dollars  unless otherwise stated