Midwestone Financial Group Inc (IOWA) expected to post earnings of 49 cents a share - Earnings Preview

Midwestone Financial (IOWA)

23/01/2024 22:03

* Midwestone Financial Group Inc (IOWA)  MOFG.OQ 
 MOFG.O  is
expected to show a fall in quarterly revenue when it reports 
results on January 25 for the period ending December 31 2023
    * The Iowa City Iowa-based  company is expected to report a
21.9% decrease in revenue to $34.019 million from $43.56 million
a year ago, according to the mean estimate from 3 analysts,
based on LSEG data. (SAL represents Net Interest Income)
    * ​LSEG's mean analyst estimate for Midwestone Financial
Group Inc
(IOWA) is for earnings of 49 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 1
"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 $26.49. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 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. 31 2022  1.09        1.09       1.02      Missed  -6.1
 ​​Sep.        1.01        1.01       1.17      Beat    15.9
 30 2022                                                
 Jun. 30 2022  0.86        0.85       0.80      Missed  -5.9​
 Mar. 31 2022  0.79        0.79       0.88      Beat    11.5
 Dec. 31 2021  0.97        0.96       0.91      Missed  -5.4
 This summary was machine generated January 23 at 22:02 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)