First Interstate BancSystem Inc reports results for the quarter ended in December - Earnings Summary

First Interstate BancSystem

26/01/2023 22:01

* First Interstate BancSystem Inc  FIBK.OQ  reported
quarterly
adjusted earnings of 82 cents​​ per share for the quarter ended
in December. The mean expectation of six analysts for the
quarter was for earnings of $1.03 per share.
    * Revenue rose 89.9% to $302.30 million from a year ago;
analysts
expected $313.36 million. 
    * First Interstate BancSystem Inc's reported EPS for the
quarter
was 82 cents​.
    * The mean earnings estimate of analysts had fallen by
about 0.7%
in the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * First Interstate BancSystem Inc shares had fallen by 1.4%
this
quarter.
    * The company reported quarterly net income of $85.8
million.
    * Wall Street's median 12-month price target for First
Interstate
BancSystem Inc is $48.50 
    * 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." 

This summary was machine generated from Refinitiv data January
26 at 10:01 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      1.03           0.82           Missed
 Sep. 30 2022      0.90           0.80           Missed
 Jun. 30 2022      0.70           0.59           Missed
 Mar. 31 2022      -0.31          -0.36          Missed