Investar Holding Corp expected to post earnings of 56  cents a share - Earnings Preview

Investar Holding

17/04/2023 21:41

* Investar Holding Corp  ISTR.OQ   ISTR.O  is expected
to show a
fall in quarterly revenue when it reports  results on April 19
(estimated). 
    * The Baton Rouge Louisiana-based  company is expected to
report 
a 14.9% decrease in revenue to $23.55 million from $27.69
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 56 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 $19​, above​ its last closing price of $12.85. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2022  0.71        0.71       0.62      Missed  -12.7
 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
 ​​Dec.        0.55        0.55       0.56      Beat    2.3
 31 2021                                                
 Sep. 30 2021  -1.05       -0.63      -1.06     Missed  -67.6​
 Jun. 30 2021  0.58        0.57       0.53      Missed  -7.7
 Mar. 31 2021  0.46        0.46       0.49      Beat    5.9
 This summary was machine generated April 17 at 20:41 GMT.  All
figures in US dollars  unless otherwise stated