First Interstate BancSystem Inc expected to post a loss of 31  cents a share - Earnings Preview

First Interstate BancSystem

27/04/2022 03:01

* First Interstate BancSystem Inc  FIBK.OQ   FIBK.O  is
expected
to show a rise in quarterly revenue when it reports  results on
April 28. 
    * The Billings Montana-based  company is expected to report 
a
41.1% increase in revenue to $224.079 million from $158.8
million a year ago, according to the mean estimate from 5
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for First Interstate
BancSystem Inc is for a loss of 31 cents per share. For the same
quarter last year, the company reported earnings of 83 cents per
share.
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 4
"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
Interstate
BancSystem Inc is $43.5​, above​ its last closing price
of $33.31. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2021  0.74        0.72       0.83      Beat    15.3
 Sep. 30 2021  0.75        0.74       0.76      Beat    2.3
 Jun. 30 2021  0.73        0.72       0.69      Missed  -4.6​
 Mar. 31 2021  0.72        0.72       0.83      Beat    15.5
 ​​Dec.        0.78        0.78       0.76      Missed  -2.1
 31 2020                                                
 Sep. 30 2020  0.69        0.69       0.76      Beat    10.2​
 Jun. 30 2020  0.49        0.51       0.58      Beat    13.2
 Mar. 31 2020  0.63        0.64       0.45      Missed  -30.1
 This summary was machine generated April 27 at 02:01 GMT.  All
figures in US dollars  unless otherwise stated