Investar Holding Corp expected to post earnings of 27 cents a share - Earnings Preview

Investar Holding

19/01/2024 21:32

* Investar Holding Corp  ISTR.OQ   ISTR.O  is expected
to show a
fall in quarterly revenue when it reports  results on January 23
(estimated) for the period ending December 31 2023
    * The Baton Rouge Louisiana-based  company is expected to
report a
21.4% decrease in revenue to $20.4 million from $25.96 million a
year ago, according to the mean estimate from 2 analysts, based
on LSEG data. (Majority is on total revuenue basis)
    * ​LSEG's mean analyst estimate for Investar Holding Corp is
for
earnings of 27 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 $17.00​, above​ its last closing price of $16.68. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 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. 31 2022  0.71        0.71       0.62      Missed  -12.7
 ​​Sep.        0.65        0.65       0.71      Beat    9.6
 30 2022                                                
 Jun. 30 2022  0.62        0.61       0.62      Beat    1.6​
 Mar. 31 2022  0.59        0.58       0.68      Beat    16.7
 Dec. 31 2021  0.55        0.55       0.56      Beat    2.3
 This summary was machine generated January 19 at 21:32 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)