First Business Financial Services Inc reports results for the quarter ended in June - Earnings Summary

First Business Financial Services

28/07/2022 21:33

* First Business Financial Services Inc  FBIZ.OQ  reported
quarterly adjusted earnings of $1.29​​ per share for the quarter
ended in June. The mean expectation of four analysts for the
quarter was for earnings of 90 cents per share.
    * Revenue rose 9.1% to $30.53 million from a year ago;
analysts
expected $29.40 million. 
    * First Business Financial Services Inc's reported EPS for
the
quarter was $1.29​.
    * The mean earnings estimate of analysts had fallen by
about 1% in
the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * First Business Financial Services Inc shares had risen
by 3.5%
this quarter and gained 10.6% so far this year.
    * The company reported quarterly net income of $10.96
million.
    * Wall Street's median 12-month price target for First
Business
Financial Services Inc is $40.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data July 28
at 08:33 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2022      0.90           1.29           Beat
 Mar. 31 2022      0.91           1.02           Beat
 Dec. 31 2021      0.93           1.01           Beat
 Sep. 30 2021      0.88           1.07           Beat