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

Investar Holding

28/07/2022 16:00

* Investar Holding Corp  ISTR.OQ  reported quarterly
adjusted
earnings of 62 cents​​ per share for the quarter ended in June.
The mean expectation of four analysts for the quarter was
for earnings of 61 cents per share.
    * Revenue fell 2.1% to $22.94 million from a year ago;
analysts
expected $23.39 million. 
    * Investar Holding Corp's reported EPS for the quarter was
92
cents​.
    * The mean earnings estimate of analysts had risen by
about 2.9%
in the last three months.​ 
    * In the last 30 days there have been no negative revisions
of
earnings estimates 
    * Investar Holding Corp shares had risen by 5.8% this
quarter and
gained 25.9% so far this year.
    * The company reported quarterly net income of $9.4 million.
    * Wall Street's median 12-month price target for Investar
Holding
Corp is $25.50 
    * 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 July 28
at 02:59 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2022      0.61           0.62           Beat
 Mar. 31 2022      0.58           0.68           Beat
 Dec. 31 2021      0.55           0.56           Beat
 Sep. 30 2021      -0.63          -1.06          Missed