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

First Business Financial Services

27/07/2023 23:37

* First Business Financial Services Inc  FBIZ.OQ  reported
quarterly adjusted earnings of 98 cents​​ per share for the
quarter ended in June. The mean expectation of four analysts for
the quarter was for earnings of 98 cents per share.
    * Revenue rose 15.2% to $35.17 million from a year ago;
analysts
expected $33.97 million. 
    * First Business Financial Services Inc's reported EPS for
the
quarter was 98 cents​.
    * The mean earnings estimate of analysts had fallen by
about 6.2%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * First Business Financial Services Inc shares had risen
by 15.5%
this quarter and lost 6.8% so far this year.
    * The company reported quarterly net income of $8.12
million.
    * Wall Street's median 12-month price target for First
Business
Financial Services Inc is $36.50 
    * 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 LSEG Refinitiv data July
27 at 10:36 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      0.98           0.98           Met
 Mar. 31 2023      1.07           1.05           Missed
 Dec. 31 2022      1.13           1.18           Beat
 Sep. 30 2022      1.01           1.25           Beat