Midwestone Financial Group Inc (IOWA) expected to post earnings of 89 cents a share - Earnings Preview

Midwestone Financial (IOWA)

21/07/2021 12:00

* Midwestone Financial Group Inc (IOWA)  MOFG.OQ   MOFG.O  is
expected to show a fall in quarterly revenue when it reports
results on July 23. 
* The Iowa City, Iowa-based company is expected to report   a
1.3% decrease in revenue to $38.194 million from $38.71 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 89 cents per share. For the
same quarter last year, the company reported earnings of 73
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 $34​, about 17.4% above​ its last
closing price of $28.09. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 Mar. 31 2021  0.78        0.80       1.35      Beat    69.2
 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
 Mar.          0.52​       0.64       -0.12     Missed  -118.9
 31​ 2020​                                              ​
 Dec. 31 2019  0.83        0.83       0.83      Met     0.2​
 Sep. 30 2019  0.83        0.83       0.76      Missed  -8.4
 Jun. 30 2019  0.72        0.73       0.72      Missed  -0.8
 This summary was machine generated July 21 at 11:00 GMT.  All
figures in US dollars unless otherwise stated