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

Finward Bancorp

27/07/2022 22:31

* Finward Bancorp  FNWD.OQ  reported quarterly adjusted
earnings
of $1.03​​ per share for the quarter ended in June. The mean
expectation of two analysts for the quarter was for earnings of
$1.19 per share.
    * Revenue was $20.19 million​; analysts expected $21.25
million. 
    * Finward Bancorp's reported EPS for the quarter was $1.03​.
    * The mean earnings estimate of analysts had fallen by
about 4% in
the last three months.​ 
    * In the last 30 days there have been no negative revisions
of
earnings estimates 
    * Finward Bancorp shares had risen by 0.4% this quarter.
    * The company reported quarterly net income of $4.43
million.
    * Wall Street's median 12-month price target for Finward
Bancorp
is $46.50 
    * 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 July 27
at 09:30 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2022      1.19           1.03           Missed
 Mar. 31 2022      1.11           1.04           Missed
 Dec. 31 2021      1.09           0.81           Missed