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

First Business Financial Services

27/04/2023 21:51

* First Business Financial Services Inc  FBIZ.OQ  reported
quarterly adjusted earnings of $1.05​​ per share for the quarter
ended in March. The mean expectation of four analysts for the
quarter was for earnings of $1.07 per share.
    * Revenue rose 21.9% to $35.12 million from a year ago;
analysts
expected $34.25 million. 
    * First Business Financial Services Inc's reported EPS for
the
quarter was $1.05​.
    * The mean earnings estimate of analysts had risen by
about 1% in
the last three months.​ 
    * In the last 30 days, three analysts negatively revised
earnings
estimates 
    * First Business Financial Services Inc shares had fallen
by 7.5%
this quarter and lost 22.8% so far this year.
    * The company reported quarterly net income of $8.76
million.
    * Wall Street's median 12-month price target for First
Business
Financial Services Inc is $38.00 
    * 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 LSEG Refinitiv data
April 27 at 08:51 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      1.07           1.05           Missed
 Dec. 31 2022      1.13           1.18           Beat
 Sep. 30 2022      1.01           1.25           Beat
 Jun. 30 2022      0.90           1.29           Beat