Associated Banc-Corp expected to post earnings of 66cents a share - Earnings Preview

Associated Banc-Corp

24/01/2023 21:25

* Associated Banc-Corp  ASB.N   ASB  is expected to show a
rise in
quarterly revenue when it reports  results on January 26. 
    * The Green Bay Wisconsin-based  company is expected to
report  a
29.5% increase in revenue to $347.472 million from $268.27
million a year ago, according to the mean estimate from 8
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Associated
Banc-Corp is
for earnings of 66 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 no "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 $25.5​, above​ its last closing price of $22.64.
​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 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. 31 2022  0.38        0.38       0.47      Beat    24.2​
 Dec. 31 2021  0.41        0.42       0.49      Beat    17
 ​​Sep.        0.44        0.44       0.56      Beat    28.4
 30 2021                                                
 Jun. 30 2021  0.42        0.48       0.56      Beat    16.7​
 Mar. 31 2021  0.46        0.45       0.58      Beat    30.1
 Dec. 31 2020  0.31        0.31       0.40      Beat    30.7
 This summary was machine generated January 24 at 21:25 GMT.  All
figures in US dollars  unless otherwise stated