Independent Bank Group Inc expected to post earnings of $1.31 a share - Earnings Preview

Independent Bank

23/07/2021 22:43

* Independent Bank Group Inc  IBTX.OQ   IBTX.O  is expected
to show a fall in quarterly revenue when it reports results on
July 26. 
* The Mckinney, Texas-based company is expected to report   a
3.4% decrease in revenue to $148.587 million from $153.75
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 $1.31 per share. For the same quarter
last year, the company reported earnings of 90 cents per share.
* The current average analyst rating on the shares is "buy" and
the breakdown of recommendations is 6 "strong buy" or "buy," 1
"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 $85​, about 20.8% above​ its last closing
price of $67.35. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 Mar. 31 2021  1.33        1.34       1.39      Beat    3.9
 Dec. 31 2020  1.34        1.33       1.35      Beat    1.2
 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.          1.04​       1.06       1.03      Missed  -3.1​
 31​ 2020​                                              
 Dec. 31 2019  1.29        1.30       1.17      Missed  -9.9​
 Sep. 30 2019  1.34        1.34       1.35      Beat    0.8
 Jun. 30 2019  1.28        1.27       1.22      Missed  -3.9
 This summary was machine generated July 23 at 21:43 GMT.  All
figures in US dollars unless otherwise stated