Investar Holding Corp expected to post earnings of 55 cents a share - Earnings Preview

Investar Holding

21/01/2022 11:07

* Investar Holding Corp  ISTR.OQ   ISTR.O  is expected
to show a
rise in quarterly revenue when it reports  results on January 24
(estimated). 
    * The Baton Rouge Louisiana-based  company is expected to
report 
a 6.4% increase in revenue to $23.418 million from $22 million a
year ago, according to the mean estimate from 3 analysts, based
on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Investar Holding
Corp is
for earnings of 55 cents per share. For the same quarter last
year, the company reported earnings of 39 cents per share.
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 2
"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 $22.25​, about 15.5% above​ its last closing price
of $18.80. ​​​
    * 

This summary was machine generated January 21 at 11:07 GMT.  All
figures in US dollars  unless otherwise stated