Midwestone Financial Group Inc (IOWA) expected to post earnings of 79  cents a share - Earnings Preview

Midwestone Financial (IOWA)

27/04/2022 02:58

* Midwestone Financial Group Inc (IOWA)  MOFG.OQ 
 MOFG.O  is
expected to show a rise in quarterly revenue when it reports 
results on April 28. 
    * The Iowa City Iowa-based  company is expected to report  a
3.4% increase in revenue to $39.942 million from $38.62 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 79 cents per share. For the
same quarter last year, the company reported earnings of $1.35
per share.
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "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 $38​, above​ its last closing
price of $30.31. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 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​
 Mar. 31 2021  0.78        0.80       1.35      Beat    69.2
 ​​Dec.        0.66        0.67       1.04      Beat    55
 31 2020                                                
 Sep. 30 2020  0.60        0.61       0.73      Beat    19.3​
 Jun. 30 2020  0.30        0.30       0.73      Beat    141.7
 Mar. 31 2020  0.52        0.64       -0.12     Missed  -118.9
 This summary was machine generated April 27 at 01:58 GMT.  All
figures in US dollars  unless otherwise stated