First Interstate BancSystem Inc expected to post earnings of 70  cents a share - Earnings Preview

First Interstate BancSystem

22/07/2022 23:08

* First Interstate BancSystem Inc  FIBK.OQ   FIBK.O  is
expected
to show a rise in quarterly revenue when it reports  results on
July 26. 
    * The Billings Montana-based  company is expected to report 
a
77.1% increase in revenue to $272.935 million from $154.1
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 70 cents per share. For the
same quarter last year, the company reported earnings of 69
cents 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 $43.5​, above​ its last closing price
of $39.43. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2022  -0.13       -0.31      -0.36     Missed  -16.1
 Dec. 31 2022  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.        0.72        0.72       0.83      Beat    15.5
 31 2021                                                
 Dec. 31 2020  0.78        0.78       0.76      Missed  -2.1​
 Sep. 30 2020  0.69        0.69       0.76      Beat    10.2
 Jun. 30 2020  0.49        0.51       0.58      Beat    13.2
 This summary was machine generated July 22 at 22:08 GMT.  All
figures in US dollars  unless otherwise stated