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

1st Source

19/01/2023 22:01

* 1st Source Corp  SRCE.OQ  reported quarterly adjusted
earnings
of $1.25​​ per share for the quarter ended in December. The mean
expectation of three analysts for the quarter was for earnings
of $1.28 per share.
    * Revenue rose 12.9% to $94.74 million from a year ago;
analysts
expected $94.20 million. 
    * 1st Source Corp's reported EPS for the quarter was $1.25​.
    * The mean earnings estimate of analysts had risen by
about 9% 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 fallen by 3.0% this quarter.
    * The company reported quarterly net income of $31.07
million.
    * Wall Street's median 12-month price target for 1st Source
Corp
is $53.00 
    * 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 from Refinitiv data January
19 at 10:01 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      1.28           1.25           Missed
 Sep. 30 2022      1.16           1.32           Beat
 Jun. 30 2022      1.06           1.18           Beat
 Mar. 31 2022      0.98           1.10           Beat