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ONB Old National Bancorp News Story

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Old National Bancorp expected to post earnings of 43 cents a share - Earnings Preview

* Old National Bancorp  ONB.OQ   ONB.O  is expected to show
a fall
in quarterly revenue when it reports  results on April 23 for
the period ending March 31 2024
    * The Evansville Indiana-based  company is expected to
report a
2.7% decrease in revenue to $439.914 million from $452.17
million a year ago, according to the mean estimate from 6
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for Old National Bancorp is
for
earnings of 43 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 3
"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 $20.00​, above​ its last closing price of $15.78. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Dec. 31 2023  0.48        0.48       0.46      Missed  -3.9
 Sep. 30 2023  0.50        0.50       0.51      Beat    2
 Jun. 30 2023  0.50        0.50       0.54      Beat    8​
 Mar. 31 2023  0.52        0.53       0.54      Beat    2.9
 ​​Dec.        0.57        0.57       0.56      Missed  -2
 31 2022                                                
 Sep. 30 2022  0.50        0.50       0.51      Beat    2.3​
 Jun. 30 2022  0.39        0.39       0.46      Beat    17.9
 Mar. 31 2022  0.35        0.34       0.40      Beat    17.2
 This summary was machine generated April 19 at 12:02 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)

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