Midwestone Financial Group Inc (IOWA) reports results for the quarter ended in December - Earnings Summary

Midwestone Financial (IOWA)

26/01/2023 23:00

* Midwestone Financial Group Inc (IOWA)  MOFG.OQ  reported
quarterly adjusted earnings of $1.02​​ per share for the quarter
ended in December. The mean expectation of four analysts for the
quarter was for earnings of $1.09 per share.
    * Revenue rose 12.2% to $43.56 million from a year ago;
analysts
expected $47.51 million. 
    * Midwestone Financial Group Inc (IOWA)'s reported EPS for
the
quarter was $1.02​.
    * The mean earnings estimate of analysts had risen by
about 6.3%
in the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Midwestone Financial Group Inc (IOWA) shares had risen
by 3.2%
this quarter.
    * The company reported quarterly net income of $16 million.
    * Wall Street's median 12-month price target for Midwestone
Financial Group Inc (IOWA) is $37.25 
    * 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." 

This summary was machine generated from Refinitiv data January
26 at 11:00 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      1.09           1.02           Missed
 Sep. 30 2022      1.01           1.17           Beat
 Jun. 30 2022      0.85           0.80           Missed
 Mar. 31 2022      0.79           0.88           Beat