Midwestone Financial Group Inc (IOWA) expected to post earnings of 57  cents a share - Earnings Preview

Midwestone Financial (IOWA)

25/10/2023 03:41

* Midwestone Financial Group Inc (IOWA)  MOFG.OQ 
 MOFG.O  is
expected to show a fall in quarterly revenue when it reports 
results 
    * The Iowa City Iowa-based  company is expected to report  a
18.2% decrease in revenue to $37.396 million from $45.73 million
a year ago, according to the mean estimate from 4 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Midwestone
Financial
Group Inc (IOWA) is for earnings of 57 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 was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Midwestone
Financial Group Inc (IOWA) is $24.5​, above​ its last closing
price of $19.56. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 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. 30 2022  1.01        1.01       1.17      Beat    15.9
 ​​Jun.        0.86        0.85       0.80      Missed  -5.9
 30 2022                                                
 Mar. 31 2022  0.79        0.79       0.88      Beat    11.5​
 Dec. 31 2021  0.97        0.96       0.91      Missed  -5.4
 Sep. 30 2021  0.94        0.92       1.03      Beat    12.1
 This summary was machine generated October 25 at 02:41 GMT.  All
figures in US dollars  unless otherwise stated