Old National Bancorp expected to post earnings of 48 cents a share - Earnings Preview
19/01/2024 14:00
* Old National Bancorp ONB.OQ ONB.O is expected to show
a fall
in quarterly revenue when it reports results on January 23 for
the period ending December 31 2023
* The Evansville Indiana-based company is expected to
report a
19.3% decrease in revenue to $448.998 million from $556.13
million a year ago, according to the mean estimate from 6
analysts, based on LSEG data. (Sal is on total operating revenue
basis)
* LSEG's mean analyst estimate for Old National Bancorp is
for
earnings of 48 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 $16.28.
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 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. 31 2022 0.57 0.57 0.56 Missed -2
Sep. 0.50 0.50 0.51 Beat 2.3
30 2022
Jun. 30 2022 0.39 0.39 0.46 Beat 17.9
Mar. 31 2022 0.35 0.34 0.40 Beat 17.2
Dec. 31 2021 0.27 0.28 0.37 Beat 32.1
This summary was machine generated January 19 at 14:00 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)