Glacier Bancorp Inc reports results for the quarter ended in June - Earnings Summary

Glacier Bancorp

21/07/2022 22:44

* Glacier Bancorp Inc  GBCI.N  reported quarterly adjusted
earnings of 69 cents​​ per share for the quarter ended in June.
The mean expectation of seven analysts for the quarter was
for earnings of 69 cents per share.
    * Revenue rose 24.3% to $199.02 million from a year ago; 
analysts
expected $195.97 million. 
    * Glacier Bancorp Inc's reported EPS for the quarter was 69
cents​.
    * The mean earnings estimate of analysts had risen by
about 2.3%
in the last three months.​ 
    * In the last 30 days there have been no negative revisions
of
earnings estimates 
    * Glacier Bancorp Inc shares had risen by 4.6% this
quarter and
lost 12.4% so far this year.
    * The company reported quarterly net income of $76.39
million.
    * Wall Street's median 12-month price target for Glacier
Bancorp
Inc is $53.00 
    * 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." 

This summary was machine generated July 21 at 09:44 p.m.  ​All
figures in US dollars unless otherwise stated.
 QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2022      0.69           0.69           Met
 Mar. 31 2022      0.61           0.61           Met
 Dec. 31 2021      0.43           0.46           Beat
 Sep. 30 2021      0.71           0.79           Beat
 This summary was machine generated from Refinitiv data July 21
at 09:44 p.m