Origin Bancorp Inc reports results for the quarter ended in June - Earnings Summary

Origin Bancorp

27/07/2023 01:04

* Origin Bancorp Inc  OBK.N  reported quarterly adjusted
earnings
of 70 cents​​ per share for the quarter ended in June. The mean
expectation of five analysts for the quarter was for earnings of
67 cents per share.
    * Revenue rose 20.9% to $89.13 million from a year ago;
analysts
expected $91.38 million. 
    * Origin Bancorp Inc's reported EPS for the quarter was 70
cents​.
    * The mean earnings estimate of analysts had fallen by
about 5.9%
in the last three months.​ 
    * In the last 30 days, three analysts negatively revised
earnings
estimates 
    * Origin Bancorp Inc shares had risen by 11.3% this
quarter and
lost 11.2% so far this year.
    * The company reported quarterly net income of $21.76
million.
    * Wall Street's median 12-month price target for Origin
Bancorp
Inc is $34.50 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data July
27 at 12:04 a.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      0.67           0.70           Beat
 Mar. 31 2023      0.91           0.79           Missed
 Dec. 31 2022      0.99           0.95           Missed
 Sep. 30 2022      0.55           0.57           Beat