Independent Bank Group Inc expected to post earnings of 73  cents a share - Earnings Preview

Independent Bank

20/10/2023 23:41

* Independent Bank Group Inc  IBTX.OQ   IBTX.O  is expected
to show a fall in quarterly revenue when it reports  results 
    * The Mckinney Texas-based  company is expected to report  a
20.1% decrease in revenue to $128.456 million from $160.75
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 73 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 4
"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 $46.5​, above​ its last closing price of $36.28.
​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Jun. 30 2023  0.87        0.87       0.82      Missed  -5.9
 Mar. 31 2023  1.07        1.07       1.07      Met     -0.4
 Dec. 31 2022  1.28        1.28       1.20      Missed  -6.2​
 Sep. 30 2022  1.33        1.33       1.33      Met     0
 ​​Jun.        1.23        1.23       1.27      Beat    3.5
 30 2022                                                
 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. 30 2021  1.29        1.30       1.21      Missed  -6.6
 This summary was machine generated October 20 at 22:41 GMT.  All
figures in US dollars  unless otherwise stated