First Interstate BancSystem Inc expected to post earnings of $1.03 a share - Earnings Preview

First Interstate BancSystem

24/01/2023 21:06

* First Interstate BancSystem Inc  FIBK.OQ   FIBK.O  is
expected
to show a rise in quarterly revenue when it reports  results on
January 26. 
    * The Billings Montana-based  company is expected to report 
a
96.8% increase in revenue to $313.355 million from $159.2
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 earnings of $1.03 per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 2
"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 $48.5​, above​ its last closing price
of $37.98. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Sep. 30 2022  0.89        0.90       0.80      Missed  -11.4
 Jun. 30 2022  0.69        0.70       0.59      Missed  -16.1
 Mar. 31 2022  -0.13       -0.31      -0.36     Missed  -16.1​
 Dec. 31 2021  0.74        0.72       0.83      Beat    15.3
 ​​Sep.        0.75        0.74       0.76      Beat    2.3
 30 2021                                                
 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. 31 2020  0.78        0.78       0.76      Missed  -2.1
 This summary was machine generated January 24 at 21:06 GMT.  All
figures in US dollars  unless otherwise stated