Midwestone Financial Group Inc (IOWA) expected to post earnings of 68  cents a share - Earnings Preview

Midwestone Financial (IOWA)

28/07/2023 19:11

* Midwestone Financial Group Inc (IOWA)  MOFG.OQ 
 MOFG.O  is
expected to show a fall in quarterly revenue when it reports 
results on August 1. 
    * The Iowa City Iowa-based  company is expected to report  a
2.3% decrease in revenue to $38.831 million from $39.73 million
a year ago, according to the mean estimate from 5 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Midwestone
Financial
Group Inc (IOWA) is for earnings of 68 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "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 $26​, above​ its last closing
price of $24.94. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2023  0.75        0.75       0.72      Missed  -4.5
 Dec. 31 2023  1.09        1.09       1.02      Missed  -6.1
 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.        0.79        0.79       0.88      Beat    11.5
 31 2022                                                
 Dec. 31 2021  0.97        0.96       0.91      Missed  -5.4​
 Sep. 30 2021  0.94        0.92       1.03      Beat    12.1
 Jun. 30 2021  0.88        0.89       1.08      Beat    21.3
 This summary was machine generated July 28 at 18:11 GMT.  All
figures in US dollars  unless otherwise stated