Investar Holding Corp expected to post earnings of 24 cents a share - Earnings Preview

Investar Holding

16/04/2024 21:12

* Investar Holding Corp  ISTR.OQ   ISTR.O  is expected
to show a
fall in quarterly revenue when it reports  results on April 18
(estimated) for the period ending March 31 2024
    * The Baton Rouge Louisiana-based  company is expected to
report a
11.1% decrease in revenue to $18.9 million from $21.25 million a
year ago, according to the mean estimate from 2 analysts, based
on LSEG data.
    * ​LSEG's mean analyst estimate for Investar Holding Corp is
for
earnings of 24 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," no
"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 Investar
Holding
Corp is $20.50​, above​ its last closing price of $15.72. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Dec. 31 2023  0.28        0.27       0.39      Beat    44.4
 Sep. 30 2023  0.33        0.33       0.33      Met     -0.8
 Jun. 30 2023  0.38        0.38       0.67      Beat    75.2​
 Mar. 31 2023  0.53        0.56       0.51      Missed  -8.5
 ​​Dec.        0.71        0.71       0.62      Missed  -12.7
 31 2022                                                
 Sep. 30 2022  0.65        0.65       0.71      Beat    9.6​
 Jun. 30 2022  0.62        0.61       0.62      Beat    1.6
 Mar. 31 2022  0.59        0.58       0.68      Beat    16.7
 This summary was machine generated April 16 at 20:12 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)