German American Bancorp Inc expected to post earnings of 62 cents a share - Earnings Preview

German American Bancorp

26/07/2024 12:34

* German American Bancorp Inc  GABC.OQ   GABC.O  is expected
to show a fall in quarterly revenue when it reports  results on
July 29 (estimated) for the period ending June 30 2024
    * The Jasper Indiana-based  company is expected to report a
2.6% decrease in revenue to $61.488 million from $63.15 million
a year ago, according to the mean estimate from 4 analysts,
based on LSEG data. (Sales/Revenue Majority Basis is on Total
Revenue)
    * ​LSEG's mean analyst estimate for German American Bancorp
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 1 "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 German
American
Bancorp Inc is $35.00​, below​ its last closing price of $41.19.
​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Mar. 31 2024  0.65        0.64       0.64      Met     -0.7
 Dec. 31 2024  0.68        0.67       0.73      Beat    8.9
 Sep. 30 2023  0.70        0.70       0.73      Beat    4.2​
 Jun. 30 2023  0.67        0.67       0.75      Beat    11.4
 ​​Mar.        0.78        0.80       0.71      Missed  -10.9
 31 2023                                                
 Dec. 31 2022  0.80        0.84       0.83      Missed  -0.9​
 Sep. 30 2022  0.82        0.81       0.83      Beat    2
 Jun. 30 2022  0.72        0.71       0.81      Beat    13.6
 This summary was machine generated July 26 at 11:34 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)