Nicolet Bankshares Inc expected to post earnings of $1.47 a share - Earnings Preview

Nicolet Bankshares

14/07/2023 12:26

* Nicolet Bankshares Inc  NIC.N   NIC  is expected to show a
rise
in quarterly revenue when it reports  results on July 17
(estimated). 
    * The Green Bay Wisconsin-based  company is expected to
report  a
6.0% increase in revenue to $58.369 million from $55.08 million
a year ago, according to the mean estimate from 5 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Nicolet Bankshares
Inc is
for earnings of $1.47 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 Nicolet
Bankshares Inc is $73​, above​ its last closing price of $70.77.
​​​

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 2023  1.66        1.67       2.01      Beat    20.4
 Dec. 31 2023  1.99        2.00       1.83      Missed  -8.5
 Sep. 30 2022  1.79        1.82       1.71      Missed  -6.2​
 Jun. 30 2022  1.69        1.69       1.73      Beat    2.5
 ​​Mar.        1.61        1.61       1.70      Beat    5.3
 31 2022                                                
 Dec. 31 2021  1.23        1.24       1.25      Beat    1.2​
 Sep. 30 2021  1.33        1.39       0.73      Missed  -47.3
 Jun. 30 2021  1.65        1.63       1.77      Beat    8.6
 This summary was machine generated July 14 at 11:26 GMT.  All
figures in US dollars  unless otherwise stated