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

German American Bancorp

26/04/2022 24:46

* German American Bancorp Inc  GABC.OQ  reported quarterly
adjusted earnings of 77 cents​​ per share for the quarter ended
in March. The mean expectation of five analysts for the quarter
was for earnings of 69 cents per share.
    * Revenue rose 19.8% to $64.66 million from a year ago; 
analysts
expected $63.06 million. 
    * German American Bancorp Inc's reported EPS for the quarter
was
31 cents​.
    * The mean earnings estimate of analysts had risen by
about 0.9%
in the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * German American Bancorp Inc shares had fallen by 2.5% this
quarter and lost 5.0% so far this year.
    * The company reported quarterly net income of $9.07
million.
    * Wall Street's median 12-month price target for German
American
Bancorp Inc is $42.50 
    * 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 April 25 at 11:46 p.m.  ​All
figures in US dollars unless otherwise stated