Glacier Bancorp Inc expected to post earnings of 33 cents a share - Earnings Preview
16/04/2024 21:05
* Glacier Bancorp Inc GBCI.N GBCI.K is expected to show
a fall
in quarterly revenue when it reports results on April 18 for
the period ending March 31 2024
* The Kalispell Montana-based company is expected to report
a
10.4% decrease in revenue to $171.551 million from $191.44
million a year ago, according to the mean estimate from 7
analysts, based on LSEG data. (Sales is on Net interest income
FTE Basis)
* LSEG's mean analyst estimate for Glacier Bancorp Inc is
for
earnings of 33 cents per share.
* The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 2 "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 Glacier
Bancorp
Inc is $42.00, above its last closing price of $36.15.
Previous quarterly performance (using preferred earnings measure
in US dollars).
QUARTER STARMINESM LSEG IBES ACTUAL BEAT, SURPRI
ENDING ARTESTIMAT ESTIMATE MET, SE %
E® MISSED
Dec. 31 2023 0.42 0.41 0.49 Beat 19.9
Sep. 30 2023 0.42 0.42 0.47 Beat 11.3
Jun. 30 2023 0.49 0.49 0.50 Beat 1.6
Mar. 31 2023 0.58 0.61 0.55 Missed -9.6
Dec. 0.73 0.73 0.72 Missed -1.4
31 2022
Sep. 30 2022 0.72 0.73 0.72 Missed -1.1
Jun. 30 2022 0.69 0.69 0.69 Met 0
Mar. 31 2022 0.61 0.61 0.61 Met 0
This summary was machine generated April 16 at 20:05 GMT. All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)