Banner Corp expected to post earnings of $1.13 a share - Earnings Preview

Banner

15/04/2024 21:31

* Banner Corp  BANR.OQ   BANR.O  is expected to show a fall
in
quarterly revenue when it reports  results  for the period
ending March 31 2024
    * The Walla Walla Washington-based  company is expected to
report
a 11.4% decrease in revenue to $135.76 million from $153.31
million a year ago, according to the mean estimate from 6
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for Banner Corp is for
earnings of
$1.13 per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 2
"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 Banner Corp
is
$54.00​, above​ its last closing price of $43.92. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Dec. 31 2023  1.29        1.30       1.24      Missed  -4.7
 Sep. 30 2023  1.35        1.35       1.33      Missed  -1.6
 Jun. 30 2023  1.54        1.55       1.15      Missed  -25.7​
 Mar. 31 2023  1.57        1.58       1.61      Beat    2
 ​​Dec.        1.61        1.59       1.58      Missed  -0.7
 31 2022                                                
 Sep. 30 2022  1.39        1.39       1.43      Beat    3.1​
 Jun. 30 2022  1.22        1.22       1.17      Missed  -4.1
 Mar. 31 2022  1.10        1.10       1.27      Beat    16
 This summary was machine generated April 15 at 20:31 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)