Old National Bancorp reports results for the quarter ended in March - Earnings Summary

Old National Bancorp

26/04/2022 17:55

* Old National Bancorp  ONB.OQ  reported quarterly adjusted
earnings of 40 cents​​ per share for the quarter ended in March.
The mean expectation of seven analysts for the quarter was
for earnings of 34 cents per share.
    * Revenue rose 40.1% to $291.80 million from a year ago; 
analysts
expected $262.70 million. 
    * Old National Bancorp's reported EPS for the quarter was a
loss
of 13 cents​.
    * The mean earnings estimate of analysts had risen by
about 3% in
the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * Old National Bancorp shares had fallen by 6.0% this
quarter and
lost 15.0% so far this year.
    * The company reported a quarterly loss of $29.6 million.
    * Wall Street's median 12-month price target for Old
National
Bancorp is $21.00 
    * 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." 

This summary was machine generated April 26 at 04:55 p.m.  ​All
figures in US dollars unless otherwise stated