Glacier Bancorp Inc expected to post earnings of 41 cents a share - Earnings Preview
23/01/2024 21:38
* Glacier Bancorp Inc GBCI.N GBCI.K is expected to show
a fall
in quarterly revenue when it reports results on January 25 for
the period ending December 31 2023
* The Kalispell Montana-based company is expected to report
a
20.2% decrease in revenue to $167.157 million from $209.54
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 41 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 $43.00, above its last closing price of $41.71.
Previous quarterly performance (using preferred earnings measure
in US dollars).
QUARTER STARMINESM LSEG IBES ACTUAL BEAT, SURPRI
ENDING ARTESTIMAT ESTIMATE MET, SE %
E® MISSED
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. 31 2022 0.73 0.73 0.72 Missed -1.4
Sep. 0.72 0.73 0.72 Missed -1.1
30 2022
Jun. 30 2022 0.69 0.69 0.69 Met 0
Mar. 31 2022 0.61 0.61 0.61 Met 0
Dec. 31 2021 0.43 0.43 0.46 Beat 7
This summary was machine generated January 23 at 21:38 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)