First Interstate Bancsystem Inc expected to post earnings of 62  cents a share - Earnings Preview

First Interstate BancSystem

24/10/2023 04:05

* First Interstate Bancsystem Inc  FIBK.OQ   FIBK.O  is
expected
to show a fall in quarterly revenue when it reports  results 
    * The Billings Montana-based  company is expected to report 
a
11.2% decrease in revenue to $258.973 million from $291.8
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 62 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 5
"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 $28​, above​ its last closing price of $22.26.
​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Jun. 30 2023  0.67        0.68       0.65      Missed  -3.7
 Mar. 31 2023  0.79        0.80       0.54      Missed  -32.5
 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.        0.69        0.70       0.59      Missed  -16.1
 30 2022                                                
 Mar. 31 2022  -0.13       -0.31      -0.36     Missed  -16.1​
 Dec. 31 2021  0.74        0.72       0.83      Beat    15.3
 Sep. 30 2021  0.75        0.74       0.76      Beat    2.3
 This summary was machine generated October 24 at 03:05 GMT.  All
figures in US dollars  unless otherwise stated