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

German American Bancorp

25/04/2023 01:15

* German American Bancorp Inc  GABC.OQ  reported quarterly
adjusted earnings of 71 cents​​ per share for the quarter ended
in March. The mean expectation of four analysts for the quarter
was for earnings of 80 cents per share.
    * Revenue fell 1.1% to $63.98 million from a year ago;
analysts
expected $67.32 million. 
    * German American Bancorp Inc's reported EPS for the quarter
was
71 cents​.
    * The mean earnings estimate of analysts had fallen by
about 6.2%
in the last three months.​ 
    * In the last 30 days, two analysts negatively revised
earnings
estimates 
    * German American Bancorp Inc shares had fallen by 5.3% this
quarter and lost 15.3% so far this year.
    * The company reported quarterly net income of $20.81
million.
    * Wall Street's median 12-month price target for German
American
Bancorp Inc is $37.00 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 4
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
April 25 at 12:15 a.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      0.80           0.71           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