1st Source Corp expected to post earnings of 89  cents a share - Earnings Preview

1st Source

19/04/2021 12:02

* 1st Source Corp  SRCE.OQ   SRCE.O  is expected to show a rise
in quarterly revenue when it reports results on April 21
(estimated).
* The South Bend, Indiana-based company is expected to report  a
4.4% increase in revenue to $82.982 million from $79.47 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 89 cents per share. For the same quarter last year,
the company reported earnings of 64 cents 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 $48​, about 1.8% above​ its last closing price of $47.12. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 Dec. 31 2020  0.73        0.71       1.03      Beat    46
 Sep. 30 2020  0.73        0.72       0.78      Beat    7.9
 Jun. 30 2020  0.57        0.57       0.72      Beat    27.2​
 Mar. 31 2020  0.79        0.78       0.64      Missed  -17.9
 Dec.          0.89​       0.89       0.86      Missed  -3.7​
 31​ 2019​                                              
 Sep. 30 2019  0.89        0.89       0.95      Beat    7​
 Jun. 30 2019  0.89        0.89       0.91      Beat    2.6
 Mar. 31 2019  0.84        0.85       0.86      Beat    1.2
 This summary was machine generated April 19 at 11:02 GMT