Finward Bancorp reports results for the quarter ended in December - Earnings Summary

Finward Bancorp

25/01/2023 14:49

* Finward Bancorp  FNWD.OQ  reported quarterly adjusted
earnings
of 93 cents​​ per share for the quarter ended in December. The
mean expectation of two analysts for the quarter was
for earnings of $1.06 per share.
    * Revenue rose 20.8% to $19.65 million from a year ago;
analysts
expected $21.15 million. 
    * Finward Bancorp's reported EPS for the quarter was 93
cents​.
    * The mean earnings estimate of analysts had fallen by
about 8.6%
in the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * Finward Bancorp shares had fallen by 0.8% this quarter.
    * The company reported quarterly net income of $3.96
million.
    * Wall Street's median 12-month price target for Finward
Bancorp
is $39.50 
    * The current average analyst rating on the shares is
"strong buy"
and the breakdown of recommendations is 2 "strong buy" or
"buy," no "hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data January
25 at 02:49 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      1.06           0.93           Missed
 Sep. 30 2022      1.20           1.07           Missed
 Jun. 30 2022      1.19           1.03           Missed
 Mar. 31 2022      1.11           1.04           Missed