Glacier Bancorp Inc expected to post earnings of 42 cents a share - Earnings Preview
23/10/2024 04:57
* Glacier Bancorp Inc GBCI.N GBCI.K is expected to show
a rise
in quarterly revenue when it reports results on October 24 for
the period ending September 30 2024
* The Kalispell Montana-based company is expected to report
a
9.6% increase in revenue to $186.939 million from $170.58
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 42 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 $47.00, above its last closing price of $46.54.
Previous quarterly performance (using preferred earnings measure
in US dollars).
QUARTER STARMINESM LSEG IBES ACTUAL BEAT, SURPRI
ENDING ARTESTIMAT ESTIMATE MET, SE %
E® MISSED
Jun. 30 2024 0.36 0.37 0.39 Beat 5.7
Jan. 1 2024 0.33 0.33 0.29 Missed -11.2
Dec. 31 2023 0.42 0.41 0.49 Beat 19.9
Sep. 30 2023 0.42 0.42 0.47 Beat 11.3
Jan. 0.49 0.49 0.50 Beat 1.6
1 0001
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. 30 2022 0.72 0.73 0.72 Missed -1.1
This summary was machine generated October 23 at 03:57 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)