Columbia Banking System Inc expected to post earnings of 90cents a share - Earnings Preview

Columbia Banking System

20/01/2023 16:32

* Columbia Banking System Inc  COLB.OQ   COLB.O  is expected
to show a rise in quarterly revenue when it reports  results on
January 24. 
    * The Tacoma Washington-based  company is expected to report
 a
16.6% increase in revenue to $197.923 million from $169.76
million a year ago, according to the mean estimate from 5
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Columbia Banking
System
Inc is for earnings of 90 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 4
"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 Columbia
Banking
System Inc is $35​, above​ its last closing price of $27.60. ​​​

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  0.71        -0.10      0.80      Beat    900
 Jun. 30 2022  0.76        0.75       0.75      Met     -0.4
 Mar. 31 2022  0.68        0.68       0.74      Beat    9.1​
 Dec. 31 2021  0.58        0.59       0.55      Missed  -6.8
 ​​Sep.        0.72        0.71       0.74      Beat    4.5
 30 2021                                                
 Jun. 30 2021  0.67        0.66       0.78      Beat    18.6​
 Mar. 31 2021  0.62        0.62       0.73      Beat    18.5
 Dec. 31 2020  0.60        0.60       0.82      Beat    36.9
 This summary was machine generated January 20 at 16:32 GMT.  All
figures in US dollars  unless otherwise stated