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

Old National Bancorp

24/10/2023 14:33

* Old National Bancorp  ONB.OQ  reported quarterly adjusted
earnings of 51 cents​​ per share for the quarter ended in
September. The mean expectation of eight analysts for the
quarter was for earnings of 50 cents per share.
    * Revenue fell 0.2% to $456.02 million from a year ago;
analysts
expected $452.57 million. 
    * Old National Bancorp's reported EPS for the quarter was 49
cents​.
    * The mean earnings estimate of analysts had risen by
about 1.5%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate 
    * Old National Bancorp shares had fallen by 4.6% this
quarter and
lost 22.9% so far this year.
    * The company reported quarterly net income of $375.09
million.
    * Wall Street's median 12-month price target for Old
National
Bancorp is $18.00 
    * 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." 

This summary was machine generated from LSEG Refinitiv data
October 24 at 01:33 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2023      0.50           0.51           Beat
 Jun. 30 2023      0.50           0.54           Beat
 Mar. 31 2023      0.53           0.54           Beat
 Dec. 31 2022      0.57           0.56           Missed