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

German American Bancorp

25/07/2022 23:49

* German American Bancorp Inc  GABC.OQ  reported quarterly
adjusted earnings of 81 cents​​ per share for the quarter ended
in June. The mean expectation of five analysts for the quarter
was for earnings of 71 cents per share.
    * Revenue rose 20.4% to $64.78 million from a year ago;
analysts
expected $63.31 million. 
    * German American Bancorp Inc's reported EPS for the quarter
was
81 cents​.
    * The mean earnings estimate of analysts had risen by
about 0.5%
in the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * German American Bancorp Inc shares had risen by 3.2% this
quarter and lost 9.5% so far this year.
    * The company reported quarterly net income of $23.75
million.
    * Wall Street's median 12-month price target for German
American
Bancorp Inc is $40.00 
    * 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 July 25
at 10:49 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2022      0.71           0.81           Beat
 Mar. 31 2022      0.69           0.77           Beat
 Dec. 31 2021      0.73           0.73           Met
 Sep. 30 2021      0.71           0.81           Beat