Associated Banc-Corp expected to post earnings of 59  cents a share - Earnings Preview

Associated Banc-Corp

18/07/2023 22:03

* Associated Banc-Corp  ASB.N   ASB  is expected to show a
rise in
quarterly revenue when it reports  results on July 20. 
    * The Green Bay Wisconsin-based  company is expected to
report  a
14.1% increase in revenue to $332.8 million from $291.6 million
a year ago, according to the mean estimate from 9 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Associated
Banc-Corp is
for earnings of 59 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 9
"hold" and 1 "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Associated
Banc-Corp is $19​, above​ its last closing price of $18.17. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2023  0.63        0.64       0.66      Beat    2.7
 Dec. 31 2023  0.66        0.66       0.70      Beat    6.1
 Sep. 30 2022  0.59        0.59       0.62      Beat    5.6​
 Jun. 30 2022  0.44        0.44       0.56      Beat    28.1
 ​​Mar.        0.38        0.38       0.47      Beat    24.2
 31 2022                                                
 Dec. 31 2021  0.41        0.42       0.49      Beat    17​
 Sep. 30 2021  0.44        0.44       0.56      Beat    28.4
 Jun. 30 2021  0.42        0.48       0.56      Beat    16.7
 This summary was machine generated July 18 at 21:03 GMT.  All
figures in US dollars  unless otherwise stated