Old National Bancorp expected to post earnings of 53  cents a share - Earnings Preview

Old National Bancorp

21/04/2023 18:55

* Old National Bancorp  ONB.OQ   ONB.O  is expected to show
a rise
in quarterly revenue when it reports  results on April 25. 
    * The Evansville Indiana-based  company is expected to
report  a
57.0% increase in revenue to $458.116 million from $291.8
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 53 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 4
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts had fallen by
about 0.2%
in the last three months. ​
    * Wall Street's median 12-month price target for Old
National
Bancorp is $19​, above​ its last closing price of $13.70. ​​​

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 2022  0.57        0.57       0.56      Missed  -2
 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
 ​​Dec.        0.27        0.28       0.37      Beat    32.1
 31 2021                                                
 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
 This summary was machine generated April 21 at 17:55 GMT.  All
figures in US dollars  unless otherwise stated