Nicolet Bankshares Inc reports results for the quarter ended in March - Earnings Summary

Nicolet Bankshares

18/04/2023 22:06

* Nicolet Bankshares Inc  NIC.N  reported quarterly adjusted
earnings of $2.01​​ per share for the quarter ended in March.
The mean expectation of five analysts for the quarter was
for earnings of $1.67 per share.
    * Revenue rose 5.4% to $56.72 million from a year ago;
analysts
expected $67.77 million. 
    * Nicolet Bankshares Inc's reported EPS for the quarter was
a loss
of 61 cents​.
    * The mean earnings estimate of analysts had fallen by
about 13.2%
in the last three months.​ 
    * In the last 30 days, five analysts negatively revised
earnings
estimates 
    * Nicolet Bankshares Inc shares had fallen by 0.3% this
quarter and lost 21.3% so far this year.
    * The company reported a quarterly loss of $8.9 million.
    * Wall Street's median 12-month price target for Nicolet
Bankshares Inc is $78.00 
    * 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." 

This summary was machine generated from LSEG Refinitiv data
April 18 at 09:05 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      1.67           2.01           Beat
 Dec. 31 2022      2.00           1.83           Missed
 Sep. 30 2022      1.82           1.71           Missed
 Jun. 30 2022      1.69           1.73           Beat