First Interstate BancSystem Inc expected to post earnings of 80  cents a share - Earnings Preview

First Interstate BancSystem

24/04/2023 23:44

* First Interstate BancSystem Inc  FIBK.OQ   FIBK.O  is
expected
to show a rise in quarterly revenue when it reports  results on
April 26. 
    * The Billings Montana-based  company is expected to report 
a
26.4% increase in revenue to $289.107 million from $228.8
million a year ago, according to the mean estimate from 6
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for First Interstate
BancSystem Inc is for earnings of 80 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "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 $35​, above​ its last closing price of $27.59.
​​​

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 2022  1.01        1.03       0.82      Missed  -20.1
 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.        0.74        0.72       0.83      Beat    15.3
 31 2021                                                
 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
 This summary was machine generated April 24 at 22:44 GMT.  All
figures in US dollars  unless otherwise stated