Old National Bancorp expected to post earnings of 50  cents a share - Earnings Preview

Old National Bancorp

20/10/2023 14:36

* Old National Bancorp  ONB.OQ   ONB.O  is expected to show
a fall
in quarterly revenue when it reports  results 
    * The Evansville Indiana-based  company is expected to
report  a
1.0% decrease in revenue to $452.573 million from $456.97
million a year ago, according to the mean estimate from 7
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Old National
Bancorp is
for earnings of 50 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 $18​, above​ its last closing price of $14.42. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 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. 30 2022  0.50        0.50       0.51      Beat    2.3
 ​​Jun.        0.39        0.39       0.46      Beat    17.9
 30 2022                                                
 Mar. 31 2022  0.35        0.34       0.40      Beat    17.2​
 Dec. 31 2021  0.27        0.28       0.37      Beat    32.1
 Sep. 30 2021  0.36        0.37       0.43      Beat    17.6
 This summary was machine generated October 20 at 13:36 GMT.  All
figures in US dollars  unless otherwise stated