Investar Holding Corp expected to post earnings of 30 cents a share - Earnings Preview

Investar Holding

19/07/2024 21:04

* Investar Holding Corp  ISTR.OQ   ISTR.O  is expected
to show a
fall in quarterly revenue when it reports  results on July 22
(estimated) for the period ending June 30 2024
    * The Baton Rouge Louisiana-based  company is expected to
report a
3.2% decrease in revenue to $19.8 million from $20.46 million a
year ago, according to the estimate from one analyst, based on
LSEG data. (Majority is on total revuenue basis)
    * ​LSEG's mean analyst estimate for Investar Holding Corp is
for
earnings of 30 cents per share. 
    * The current average analyst rating on the shares is
"strong buy"
and the breakdown of recommendations is 2 "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 $19.50​, above​ its last closing price of $17.50. ​​​

This summary was machine generated July 19 at 20:04 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)