Independent Bank Group Inc expected to post earnings of $1.28 a share - Earnings Preview

Independent Bank

20/01/2023 23:06

* Independent Bank Group Inc  IBTX.OQ   IBTX.O  is expected
to show a rise in quarterly revenue when it reports  results on
January 23. 
    * The Mckinney Texas-based  company is expected to report  a
9.8% increase in revenue to $162.224 million from $147.74
million a year ago, according to the mean estimate from 6
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Independent Bank
Group
Inc is for earnings of $1.28 per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 3
"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 $70​, above​ its last closing price of $60.75. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Sep. 30 2022  1.33        1.33       1.33      Met     0
 Jun. 30 2022  1.23        1.23       1.27      Beat    3.5
 Mar. 31 2022  1.13        1.14       1.22      Beat    7.3​
 Dec. 31 2021  1.25        1.25       1.26      Beat    0.9
 ​​Sep.        1.29        1.30       1.21      Missed  -6.6
 30 2021                                                
 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. 31 2020  1.34        1.33       1.35      Beat    1.2
 This summary was machine generated January 20 at 23:06 GMT.  All
figures in US dollars  unless otherwise stated