Nicolet Bankshares Inc expected to post earnings of $1.90 a share - Earnings Preview

Nicolet Bankshares

12/01/2024 11:02

* Nicolet Bankshares Inc  NIC.N   NIC  is expected to show a
fall
in quarterly revenue when it reports  results on January 15
(estimated) for the period ending December 31 2023
    * The Green Bay Wisconsin-based  company is expected to
report a
10.4% decrease in revenue to $60.98 million from $68.09 million
a year ago, according to the mean estimate from 3 analysts,
based on LSEG data. (Sales/Revenue Majority Basis is on Net
Interest Income FTE basis)
    * ​LSEG's mean analyst estimate for Nicolet Bankshares Inc
is for
earnings of $1.90 per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 4
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts had fallen by
about 0.9%
in the last three months. ​
    * Wall Street's median 12-month price target for Nicolet
Bankshares Inc is $85.00​, above​ its last closing price
of $77.75. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2023  1.54        1.55       1.54      Missed  -0.5
 Jun. 30 2023  1.45        1.46       1.51      Beat    3.4
 Mar. 31 2023  1.66        1.67       2.01      Beat    20.4​
 Dec. 31 2022  1.99        2.00       1.83      Missed  -8.5
 ​​Sep.        1.79        1.82       1.71      Missed  -6.2
 30 2022                                                
 Jun. 30 2022  1.69        1.69       1.73      Beat    2.5​
 Mar. 31 2022  1.61        1.61       1.70      Beat    5.3
 Dec. 31 2021  1.23        1.24       1.25      Beat    1.2
 This summary was machine generated January 12 at 11:01 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)