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

1st Source

22/07/2021 21:19

* 1st Source Corp  SRCE.OQ  reported quarterly adjusted earnings
of $1.19​​ per share for the quarter ended in June. The mean
expectation of three analysts for the quarter was for earnings
of $1.04 per share.
* Revenue fell 1.6% to $78.01 million from a year ago;  analysts
expected $83.03 million. 
* The mean earnings estimate of analysts had risen by about 8.4%
in the last three months.​ 
* In the last 30 days there have been no negative revisions of
earnings estimates 
* 1st Source Corp shares had fallen by 7.0% this quarter and
gained 7.2% so far this year.
* The company reported quarterly net income of $30.22 million.
* Wall Street's median 12-month price target for 1st Source Corp
is $48.00 
* 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 July 22 at 08:19 p.m.  ​All
figures in US dollars unless otherwise stated