Investar Holding Corp expected to post earnings of 61  cents a share - Earnings Preview

Investar Holding

18/07/2022 21:42

* Investar Holding Corp  ISTR.OQ   ISTR.O  is expected
to show a
fall in quarterly revenue when it reports  results on July 20
(estimated). 
    * The Baton Rouge Louisiana-based  company is expected to
report 
a 0.2% decrease in revenue to $23.388 million from $23.44
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 61 cents per share. For the same quarter last
year, the company reported earnings of 53 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 had risen by
about 10.4%
in the last three months. ​
    * Wall Street's median 12-month price target for Investar
Holding
Corp is $24.5​, above​ its last closing price of $21.92. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2022  0.59        0.58       0.68      Beat    16.7
 Dec. 31 2022  0.55        0.55       0.56      Beat    2.3
 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.        0.46        0.46       0.49      Beat    5.9
 31 2021                                                
 Dec. 31 2020  0.32        0.33       0.39      Beat    20​
 Sep. 30 2020  0.29        0.29       0.35      Beat    20.8
 Jun. 30 2020  0.24        0.22       0.32      Beat    46
 This summary was machine generated July 18 at 20:42 GMT.  All
figures in US dollars  unless otherwise stated