Columbia Banking System Inc expected to post earnings of 93  cents a share - Earnings Preview

Columbia Banking System

17/07/2023 21:54

* Columbia Banking System Inc  COLB.OQ   COLB.O  is expected
to show a rise in quarterly revenue when it reports  results on
July 19. 
    * The Tacoma Washington-based  company is expected to report
 a
239.0% increase in revenue to $584.668 million from $172.46
million a year ago, according to the mean estimate from 11
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Columbia Banking
System
Inc is for earnings of 93 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "strong buy" or "buy," 4
"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 Columbia
Banking
System Inc is $27.5​, above​ its last closing price of $21.59.
​​​

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  0.18        0.45       0.46      Beat    2.1
 Dec. 31 2023  0.88        0.90       0.88      Missed  -1.7
 Sep. 30 2022  0.71        -0.10      0.80      Beat    900​
 Jun. 30 2022  0.76        0.75       0.75      Met     -0.4
 ​​Mar.        0.68        0.68       0.74      Beat    9.1
 31 2022                                                
 Dec. 31 2021  0.58        0.59       0.55      Missed  -6.8​
 Sep. 30 2021  0.72        0.71       0.74      Beat    4.5
 Jun. 30 2021  0.67        0.66       0.78      Beat    18.6
 This summary was machine generated July 17 at 20:54 GMT.  All
figures in US dollars  unless otherwise stated