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

Midwestone Financial (IOWA)

29/07/2022 02:21

* Midwestone Financial Group Inc (IOWA)  MOFG.OQ  reported
quarterly adjusted earnings of 80 cents​​ per share for the
quarter ended in June. The mean expectation of five analysts for
the quarter was for earnings of 85 cents per share.
    * Revenue rose 3.2% to $39.73 million from a year ago;
analysts
expected $39.67 million. 
    * Midwestone Financial Group Inc (IOWA)'s reported EPS for
the
quarter was 80 cents​.
    * The mean earnings estimate of analysts had fallen by
about 6% in
the last three months.​ 
    * In the last 30 days two analysts negatively revised
earnings
estimates 
    * Midwestone Financial Group Inc (IOWA) shares had risen
by 6.2%
this quarter and lost 2.5% so far this year.
    * The company reported quarterly net income of $12.62
million.
    * Wall Street's median 12-month price target for Midwestone
Financial Group Inc (IOWA) is $35.00 
    * 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." 

This summary was machine generated from Refinitiv data July 29
at 01:20 a.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2022      0.85           0.80           Missed
 Mar. 31 2022      0.79           0.88           Beat
 Dec. 31 2021      0.96           0.91           Missed
 Sep. 30 2021      0.92           1.03           Beat