Old National Bancorp expected to post earnings of 28 cents a share - Earnings Preview

Old National Bancorp

14/01/2022 13:33

* Old National Bancorp  ONB.OQ   ONB.O  is expected to show a
fall in quarterly revenue when it reports  results on January
18. 
* The Evansville Indiana-based  company is expected to report  a
8.7% decrease in revenue to $203.75 million from $223.15 million
a year ago, according to the mean estimate from 6 analysts,
based on Refinitiv data. 
​* Refinitiv's mean analyst estimate for Old National Bancorp is
for earnings of 28 cents per share. For the same quarter last
year, the company reported earnings of 44 cents per share.
* The current average analyst rating on the shares is "hold" and
the breakdown of recommendations is 3 "strong buy" or "buy," 4
"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 Old National
Bancorp is $20.25​, about 2.7% above​ its last closing price
of $19.71. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Sep. 30 2021  0.36        0.37       0.43      Beat    17.6
 Jun. 30 2021  0.41        0.40       0.41      Beat    1.8
 Mar. 31 2021  0.41        0.41       0.52      Beat    25.8​
 Dec. 31 2020  0.38        0.38       0.44      Beat    16.2
 ​​Sep.        0.34        0.33       0.47      Beat    42.4
 30 2020                                                
 Jun. 30 2020  0.25        0.25       0.32      Beat    29.9​
 Mar. 31 2020  0.27        0.28       0.13      Missed  -52.9
 Dec. 31 2019  0.35        0.35       0.29      Missed  -16.8
 This summary was machine generated January 14 at 13:33 GMT.  All
figures in US dollars  unless otherwise stated