German American Bancorp Inc reports results for the quarter ended in December - Earnings Summary

German American Bancorp

30/01/2023 23:11

* German American Bancorp Inc  GABC.OQ  reported quarterly
adjusted earnings of 83 cents​​ per share for the quarter ended
in December. The mean expectation of five analysts for the
quarter was for earnings of 84 cents per share.
    * Revenue rose 35.9% to $66.05 million from a year ago;
analysts
expected $67.65 million. 
    * German American Bancorp Inc's reported EPS for the quarter
was
83 cents​.
    * The mean earnings estimate of analysts had fallen by
about 1% in
the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * German American Bancorp Inc shares had fallen by 0.4% this
quarter.
    * The company reported quarterly net income of $24.42
million.
    * Wall Street's median 12-month price target for German
American
Bancorp Inc is $40.75 
    * 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." 

This summary was machine generated from Refinitiv data January
30 at 11:10 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      0.84           0.83           Missed
 Sep. 30 2022      0.81           0.83           Beat
 Jun. 30 2022      0.71           0.81           Beat
 Mar. 31 2022      0.69           0.77           Beat