1st Source Corp expected to post earnings of 98  cents a share - Earnings Preview

1st Source

18/04/2022 12:01

* 1st Source Corp  SRCE.OQ   SRCE.O  is expected to show a
fall in
quarterly revenue when it reports  results on April 20
(estimated). 
    * The South Bend Indiana-based  company is expected to
report  a
1.5% decrease in revenue to $82.062 million from $83.28 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 98 cents per share. For the same quarter last year,
the company reported earnings of $1.10 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​, above​ its last closing price of $44.24. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 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​
 Mar. 31 2021  0.89        0.89       1.10      Beat    24.2
 ​​Dec.        0.73        0.71       1.03      Beat    46
 31 2020                                                
 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
 This summary was machine generated April 18 at 11:01 GMT.  All
figures in US dollars  unless otherwise stated