Glacier Bancorp Inc reports results for the quarter ended in January 1 - Earnings Summary
27/10/2024 15:52
* Glacier Bancorp Inc GBCI.N reported quarterly adjusted
earnings of 45 cents per share for the quarter ended January
1, lower than the same quarter last year, when the company
reported EPS of 47 cents. The mean expectation of
seven analysts for the quarter was for earnings of 42 cents per
share. Wall Street expected results to range from 40 cents to 45
cents per share.
* Revenue rose 8% to $184.23 million from a year ago;
analysts
expected $186.94 million.
* Glacier Bancorp Inc's reported EPS for the quarter was 45
cents.
* The company reported quarterly net income of $51.06
million.
* Glacier Bancorp Inc shares had risen by 4.4% this
quarter and
gained 15.5% so far this year.
FORECAST CHANGES
* The mean earnings estimate of analysts had fallen by
about 0.5%
in the last three months.
* In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.
RECOMMENDATIONS
* 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 average consensus recommendation for the banks peer
group is
also "hold"
Wall Street's median 12-month price target for Glacier Bancorp
Inc is 47.00
This summary was machine generated from LSEG data October 27 at
03:52 p.m. UTC. 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) QUARTER ENDING ESTIMATE ACTUAL BEAT, MET,
MISSED
Sep. 30 2024 0.42 0.45 Beat
Jun. 30 2024 0.37 0.39 Beat
Mar. 31 2024 0.33 0.29 Missed
Dec. 31 2023 0.41 0.49 Beat