1st Source Corp reports results for the quarter ended in December - Earnings Summary

1st Source

20/01/2022 22:01

* 1st Source Corp  SRCE.OQ  reported quarterly adjusted
earnings
of $1.11​​ per share for the quarter ended in December. The mean
expectation of three analysts for the quarter was for earnings
of $1.14 per share.
    * Revenue fell 4.8% to $83.90 million from a year ago; 
analysts
expected $85.32 million. 
    * 1st Source Corp's reported EPS for the quarter was $1.11​.
    * The mean earnings estimate of analysts had risen by
about 10.8%
in the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * 1st Source Corp shares had risen by 3.4% this quarter.
    * The company reported quarterly net income of $27.72
million.
    * Wall Street's median 12-month price target for 1st Source
Corp
is $50.00 
    * 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." 

This summary was machine generated January 20 at 10:01 p.m.
 ​All figures in US dollars unless otherwise stated