First Business Financial Services Inc expected to post earnings of $1.19 a share - Earnings Preview

First Business Financial Services

23/10/2024 05:06

* First Business Financial Services Inc  FBIZ.OQ 
 FBIZ.O  is
expected to show a fall in quarterly revenue when it reports 
results on October 24 for the period ending September 30 2024
    * The Madison Wisconsin-based  company is expected to report
a
34.7% decrease in revenue to $38.775 million from $59.37 million
a year ago, according to the mean estimate from 4 analysts,
based on LSEG data. (SAL represents Total Revenue)
    * ​LSEG's mean analyst estimate for First Business Financial
Services Inc is for earnings of $1.19 per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," no
"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 First
Business
Financial Services Inc is 53.00​, above​ its last closing price
of $44.97. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jun. 30 2024  1.09        1.09       1.23      Beat    12.7
 Mar. 31 2024  1.11        1.12       1.04      Missed  -6.9
 Jan. 1 0001   1.13        1.13       1.15      Beat    1.5​
 Sep. 30 2023  1.16        1.17       1.17      Met     -0.1
 ​​Jun.        0.98        0.98       0.98      Met     -0.5
 30 2023                                                
 Mar. 31 2023  1.07        1.07       1.05      Missed  -1.8​
 Dec. 31 2022  1.16        1.13       1.18      Beat    4.1
 Jan. 1 0001   1.01        1.01       1.25      Beat    24.3
 This summary was machine generated October 23 at 04:06 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)