Glacier Bancorp Inc expected to post earnings of 49  cents a share - Earnings Preview

Glacier Bancorp

18/07/2023 21:46

* Glacier Bancorp Inc  GBCI.N   GBCI.K  is expected to show
a fall
in quarterly revenue when it reports  results on July 20. 
    * The Kalispell Montana-based  company is expected to report
 a
7.4% decrease in revenue to $184.257 million from $199.02
million a year ago, according to the mean estimate from 7
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Glacier Bancorp Inc
is
for earnings of 49 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 4
"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 $34​, above​ its last closing price of $32.60. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2023  0.58        0.61       0.55      Missed  -9.6
 Dec. 31 2023  0.73        0.73       0.72      Missed  -1.4
 Sep. 30 2022  0.72        0.73       0.72      Missed  -1.1​
 Jun. 30 2022  0.69        0.69       0.69      Met     0
 ​​Mar.        0.61        0.61       0.61      Met     0
 31 2022                                                
 Dec. 31 2021  0.43        0.43       0.46      Beat    7​
 Sep. 30 2021  0.72        0.71       0.79      Beat    10.9
 Jun. 30 2021  0.73        0.72       0.81      Beat    11.8
 This summary was machine generated July 18 at 20:46 GMT.  All
figures in US dollars  unless otherwise stated