German American Bancorp Inc expected to post earnings of 67  cents a share - Earnings Preview

German American Bancorp

21/07/2023 12:04

* German American Bancorp Inc  GABC.OQ   GABC.O  is expected
to show a fall in quarterly revenue when it reports  results on
July 24 (estimated). 
    * The Jasper Indiana-based  company is expected to report  a
2.1% decrease in revenue to $63.442 million from $64.78 million
a year ago, according to the mean estimate from 4 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for German American
Bancorp
Inc is for earnings of 67 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "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 German
American
Bancorp Inc is $31.5​, above​ its last closing price of $28.81.
​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2023  0.78        0.80       0.71      Missed  -10.9
 Dec. 31 2023  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
 ​​Mar.        0.69        0.69       0.77      Beat    11.9
 31 2022                                                
 Dec. 31 2021  0.73        0.73       0.73      Met     0.3​
 Sep. 30 2021  0.71        0.71       0.81      Beat    13.8
 Jun. 30 2021  0.63        0.63       0.90      Beat    42.9
 This summary was machine generated July 21 at 11:04 GMT.  All
figures in US dollars  unless otherwise stated