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

Old National Bancorp

26/10/2022 05:27

* Old National Bancorp  ONB.OQ  reported quarterly adjusted
earnings of 51 cents​​ per share for the quarter ended in
September. The mean expectation of seven analysts for the
quarter was for earnings of 50 cents per share.
    * Revenue rose 118% to $456.97 million from a year ago;
analysts
expected $437.97 million. 
    * Old National Bancorp's reported EPS for the quarter was 47
cents​.
    * The mean earnings estimate of analysts had fallen by
about 0.3%
in the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * Old National Bancorp shares had risen by 11.4% this
quarter and
gained 1.2% so far this year.
    * The company reported quarterly net income of $140.15
million.
    * Wall Street's median 12-month price target for Old
National
Bancorp is $21.75 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data October
26 at 04:27 a.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2022      0.50           0.51           Beat
 Jun. 30 2022      0.39           0.46           Beat
 Mar. 31 2022      0.34           0.40           Beat
 Dec. 31 2021      0.28           0.37           Beat