Independent Bank Group Inc expected to post earnings of $1.34 a share - Earnings Preview

Independent Bank

23/04/2021 23:00

* Independent Bank Group Inc  IBTX.OQ   IBTX.O  is expected to
show a rise in quarterly revenue when it reports results on
April 26.
* The Mckinney, Texas-based company is expected to report  a
10.5% increase in revenue to $152.24 million from $137.75
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 $1.34 per share. For the same quarter
last year, the company reported earnings of $1.03 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 had risen by about 0.1%
in the last three months.​
* Wall Street's median 12-month price target for Independent
Bank Group Inc is $77.5​, about 0.1% below​ its last closing
price of $77.61. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 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. 31 2020  1.04        1.06       1.03      Missed  -3.1
 Dec.          1.29​       1.30       1.17      Missed  -9.9​
 31​ 2019​                                              
 Sep. 30 2019  1.34        1.34       1.35      Beat    0.8​
 Jun. 30 2019  1.28        1.27       1.22      Missed  -3.9
 Mar. 31 2019  1.19        1.19       1.19      Met     0.3
 This summary was machine generated April 23 at 22:00 GMT.  All
figures in US dollars unless otherwise stated