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

First Interstate BancSystem

26/07/2022 23:15

* First Interstate BancSystem Inc  FIBK.OQ  reported
quarterly
adjusted earnings of 59 cents​​ per share for the quarter ended
in June. The mean expectation of six analysts for the quarter
was for earnings of 70 cents per share.
    * Revenue rose 88.8% to $291.00 million from a year ago;
analysts
expected $272.94 million. 
    * First Interstate BancSystem Inc's reported EPS for the
quarter
was 59 cents​.
    * The mean earnings estimate of analysts had fallen by
about 0.8%
in the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * First Interstate BancSystem Inc shares had risen by 5.6%
this
quarter and lost 1.1% so far this year.
    * The company reported quarterly net income of $64.1
million.
    * Wall Street's median 12-month price target for First
Interstate
BancSystem Inc is $43.50 
    * 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 July 26
at 10:15 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2022      0.70           0.59           Missed
 Mar. 31 2022      -0.31          -0.36          Missed
 Dec. 31 2021      0.72           0.83           Beat
 Sep. 30 2021      0.74           0.76           Beat