Midwestone Financial Group Inc (IOWA) expected to post earnings of 39 cents a share - Earnings Preview

Midwestone Financial (IOWA)

24/04/2024 01:29

* Midwestone Financial Group Inc (IOWA)  MOFG.OQ 
 MOFG.O  is
expected to show a fall in quarterly revenue when it reports 
results on April 25 for the period ending March 31 2024
    * The Iowa City Iowa-based  company is expected to report a
13.7% decrease in revenue to $34.585 million from $40.08 million
a year ago, according to the mean estimate from 5 analysts,
based on LSEG data.
    * ​LSEG's mean analyst estimate for Midwestone Financial
Group Inc
(IOWA) is for 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," 3
"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 Midwestone
Financial Group Inc (IOWA) is $27.00​, above​ its last closing
price of $21.35. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Dec. 31 2023  0.49        0.49       0.60      Beat    22.8
 Sep. 30 2023  0.57        0.57       0.58      Beat    1.8
 Jun. 30 2023  0.68        0.68       0.57      Missed  -15.6​
 Mar. 31 2023  0.75        0.75       0.72      Missed  -4.5
 ​​Dec.        1.09        1.09       1.02      Missed  -6.1
 31 2022                                                
 Sep. 30 2022  1.01        1.01       1.17      Beat    15.9​
 Jun. 30 2022  0.86        0.85       0.80      Missed  -5.9
 Mar. 31 2022  0.79        0.79       0.88      Beat    11.5
 This summary was machine generated April 24 at 00:29 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)