Old National Bancorp expected to post earnings of 34  cents a share - Earnings Preview

Old National Bancorp

22/04/2022 17:54

* Old National Bancorp  ONB.OQ   ONB.O  is expected to show
a rise
in quarterly revenue when it reports  results on April 26. 
    * The Evansville Indiana-based  company is expected to
report  a
26.1% increase in revenue to $262.7 million from $208.3 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 34 cents per share. For the same quarter last
year, the company reported earnings of 52 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 $21​, above​ its last closing price of $15.71. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2021  0.27        0.28       0.37      Beat    32.1
 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.        0.38        0.38       0.44      Beat    16.2
 31 2020                                                
 Sep. 30 2020  0.34        0.33       0.47      Beat    42.4​
 Jun. 30 2020  0.25        0.25       0.32      Beat    29.9
 Mar. 31 2020  0.27        0.28       0.13      Missed  -52.9
 This summary was machine generated April 22 at 16:54 GMT.  All
figures in US dollars  unless otherwise stated