First Internet Bancorp expected to post earnings of 84 cents a share - Earnings Preview
21/10/2024 23:00
* First Internet Bancorp INBK.OQ INBK.O is expected
to show a
rise in quarterly revenue when it reports results on October 23
for the period ending September 30 2024
* The Fishers Indiana-based company is expected to report a
26.0% increase in revenue to $23.497 million from $18.64 million
a year ago, according to the mean estimate from 4 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 84 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 41.00, above its last closing price of $37.28.
Previous quarterly performance (using preferred earnings measure
in US dollars).
QUARTER STARMINESM LSEG IBES ACTUAL BEAT, SURPRI
ENDING ARTESTIMAT ESTIMATE MET, SE %
E® MISSED
Jan. 1 0001 0.72 0.71 0.67 Missed -5.7
Jan. 1 0001 0.53 0.54 0.59 Beat 10.1
Dec. 31 2023 0.30 0.31 0.48 Beat 54.8
Sep. 30 2023 0.36 0.36 0.39 Beat 8.9
Jan. 0.38 0.38 0.44 Beat -1.3
1 0001
Mar. 31 2023 0.46 0.46 -0.14 Missed -130.7
Jan. 1 0001 0.73 0.70 0.68 Missed -2.9
Sep. 30 2022 1.13 1.13 0.89 Missed -21.2
This summary was machine generated October 21 at 22:00 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)