Investar Holding Corp reports results for the quarter ended in December - Earnings Summary

Investar Holding

26/01/2023 24:45

* Investar Holding Corp  ISTR.OQ  reported quarterly
adjusted
earnings of 62 cents​​ per share for the quarter ended in
December. The mean expectation of four analysts for the quarter
was for earnings of 71 cents per share.
    * Revenue rose 10.3% to $25.96 million from a year ago;
analysts
expected $26.02 million. 
    * Investar Holding Corp's reported EPS for the quarter was
88
cents​.
    * The mean earnings estimate of analysts had risen by
about 2.2%
in the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Investar Holding Corp shares had fallen by 3.0% this
quarter.
    * The company reported quarterly net income of $8.9 million.
    * Wall Street's median 12-month price target for Investar
Holding
Corp is $25.25 
    * 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." 

This summary was machine generated from Refinitiv data January
26 at 12:45 a.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      0.71           0.62           Missed
 Sep. 30 2022      0.65           0.71           Beat
 Jun. 30 2022      0.61           0.62           Beat
 Mar. 31 2022      0.58           0.68           Beat