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

1st Source

21/04/2022 13:27

* 1st Source Corp  SRCE.OQ  reported quarterly adjusted
earnings
of $1.10​​ per share for the quarter ended in March. The mean
expectation of three analysts for the quarter was for earnings
of 98 cents per share.
    * Revenue fell 5.6% to $78.61 million from a year ago; 
analysts
expected $82.06 million. 
    * 1st Source Corp's reported EPS for the quarter was $1.10​.
    * The mean earnings estimate of analysts had risen by
about 7% 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 0.6% this quarter and
lost 6.2% so far this year.
    * The company reported quarterly net income of $27.39
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 April 21 at 12:27 p.m.  ​All
figures in US dollars unless otherwise stated