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

1st Source

20/10/2022 22:01

* 1st Source Corp  SRCE.OQ  reported quarterly adjusted
earnings
of $1.32​​ per share for the quarter ended in September. The
mean expectation of three analysts for the quarter was
for earnings of $1.16 per share.
    * Revenue rose 8.3% to $90.94 million from a year ago;
analysts
expected $88.32 million. 
    * 1st Source Corp's reported EPS for the quarter was $1.32​.
    * The mean earnings estimate of analysts had risen by
about 5.7%
in the last three months.​ 
    * In the last 30 days there have been no negative revisions
of
earnings estimates 
    * 1st Source Corp shares had risen by 10.6% this quarter and
gained 3.2% so far this year.
    * The company reported quarterly net income of $32.75
million.
    * Wall Street's median 12-month price target for 1st Source
Corp
is $49.00 
    * 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 October
20 at 09:01 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 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
 Dec. 31 2021      1.14           1.11           Missed