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

Glacier Bancorp

19/10/2023 22:54

* Glacier Bancorp Inc  GBCI.N  reported quarterly adjusted
earnings of 47 cents​​ per share for the quarter ended in
September. The mean expectation of seven analysts for the
quarter was for earnings of 42 cents per share.
    * Revenue fell 16.9% to $170.58 million from a year ago;
analysts
expected $168.92 million. 
    * Glacier Bancorp Inc's reported EPS for the quarter was 47
cents​.
    * The mean earnings estimate of analysts had fallen by
about 14.2%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Glacier Bancorp Inc shares had risen by 6.4% this
quarter and
lost 38.7% so far this year.
    * The company reported quarterly net income of $52.45
million.
    * Wall Street's median 12-month price target for Glacier
Bancorp
Inc is $33.00 
    * 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 from LSEG Refinitiv data
October 19 at 09:54 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2023      0.42           0.47           Beat
 Jun. 30 2023      0.49           0.50           Beat
 Mar. 31 2023      0.61           0.55           Missed
 Dec. 31 2022      0.73           0.72           Missed