Independent Bank Group Inc expected to post earnings of $1.14 a share - Earnings Preview

Independent Bank

23/04/2022 03:08

* Independent Bank Group Inc  IBTX.OQ   IBTX.O  is expected
to show a fall in quarterly revenue when it reports  results on
April 25. 
    * The Mckinney Texas-based  company is expected to report  a
3.2% decrease in revenue to $143.613 million from $148.34
million a year ago, according to the mean estimate from 7
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Independent Bank
Group
Inc is for earnings of $1.14 per share. For the same quarter
last year, the company reported earnings of $1.39 per share.
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "strong buy" or "buy," 2
"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 Independent
Bank
Group Inc is $82​, above​ its last closing price of $70.53. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2021  1.25        1.25       1.26      Beat    0.9
 Sep. 30 2021  1.29        1.30       1.21      Missed  -6.6
 Jun. 30 2021  1.31        1.31       1.35      Beat    2.9​
 Mar. 31 2021  1.33        1.34       1.39      Beat    3.9
 ​​Dec.        1.34        1.33       1.35      Beat    1.2
 31 2020                                                
 Sep. 30 2020  1.03        1.05       1.39      Beat    32.2​
 Jun. 30 2020  0.90        0.89       0.90      Beat    1.1
 Mar. 31 2020  1.04        1.06       1.03      Missed  -3.1
 This summary was machine generated April 23 at 02:08 GMT.  All
figures in US dollars  unless otherwise stated