Midwestone Financial Group Inc (IOWA) expected to post earnings of 85  cents a share - Earnings Preview

Midwestone Financial (IOWA)

26/07/2022 23:10

* Midwestone Financial Group Inc (IOWA)  MOFG.OQ 
 MOFG.O  is
expected to show a rise in quarterly revenue when it reports 
results on July 28. 
    * The Iowa City Iowa-based  company is expected to report  a
3.0% increase in revenue to $39.675 million from $38.51 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 85 cents per share. For the
same quarter last year, the company reported earnings of $1.08
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 $35​, above​ its last closing
price of $30.74. ​​​
    * 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 2022  0.79        0.79       0.88      Beat    11.5
 Dec. 31 2022  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.        0.78        0.80       1.35      Beat    69.2
 31 2021                                                
 Dec. 31 2020  0.66        0.67       1.04      Beat    55​
 Sep. 30 2020  0.60        0.61       0.73      Beat    19.3
 Jun. 30 2020  0.30        0.30       0.73      Beat    141.7
 This summary was machine generated July 26 at 22:10 GMT.  All
figures in US dollars  unless otherwise stated