First Internet Bancorp expected to post earnings of 71 cents a share - Earnings Preview
22/07/2024 22:08
* First Internet Bancorp INBK.OQ INBK.O is expected
to show a
rise in quarterly revenue when it reports results on July 24
for the period ending June 30 2024
* The Fishers Indiana-based company is expected to report a
17.3% increase in revenue to $22.866 million from $19.49 million
a year ago, according to the mean estimate from 5 analysts,
based on LSEG data. (Sales is on Net Interest Income FTE basis)
* LSEG's mean analyst estimate for First Internet Bancorp
is for
earnings of 71 cents per share.
* The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 3
"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
Internet
Bancorp is $36.00, above its last closing price of $35.73.
Previous quarterly performance (using preferred earnings measure
in US dollars).
QUARTER STARMINESM LSEG IBES ACTUAL BEAT, SURPRI
ENDING ARTESTIMAT ESTIMATE MET, SE %
E® MISSED
Mar. 31 2024 0.53 0.54 0.59 Beat 10.1
Dec. 31 2024 0.30 0.31 0.48 Beat 54.8
Sep. 30 2023 0.36 0.36 0.39 Beat 8.9
Jun. 30 2023 0.38 0.38 0.44 Beat 15.2
Mar. 0.46 0.46 -0.14 Missed -130.7
31 2023
Dec. 31 2022 0.73 0.70 0.68 Missed -2.9
Sep. 30 2022 1.13 1.13 0.89 Missed -21.2
Jan. 1 0001 1.16 1.12 0.99 Missed -11.9
This summary was machine generated July 22 at 21:08 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)