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

First Interstate BancSystem

25/10/2022 23:06

* First Interstate BancSystem Inc  FIBK.OQ  reported
quarterly
adjusted earnings of 80 cents​​ per share for the quarter ended
in September. The mean expectation of six analysts for the
quarter was for earnings of 90 cents per share.
    * Revenue rose 75.2% to $291.80 million from a year ago;
analysts
expected $297.21 million. 
    * First Interstate BancSystem Inc's reported EPS for the
quarter
was 80 cents​.
    * The mean earnings estimate of analysts had risen by
about 6.9%
in the last three months.​ 
    * In the last 30 days there have been no negative revisions
of
earnings estimates 
    * First Interstate BancSystem Inc shares had risen by 4.8%
this
quarter and gained 4.0% so far this year.
    * The company reported quarterly net income of $85.7
million.
    * Wall Street's median 12-month price target for First
Interstate
BancSystem Inc is $47.00 
    * 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 October
25 at 10:06 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 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
 Dec. 31 2021      0.72           0.83           Beat