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

Origin Bancorp

26/04/2023 22:01

* Origin Bancorp Inc  OBNK.OQ  reported quarterly adjusted
earnings of 79 cents​​ per share for the quarter ended in March.
The mean expectation of five analysts for the quarter was
for earnings of 91 cents per share.
    * Revenue rose 38.7% to $93.53 million from a year ago;
analysts
expected $97.75 million. 
    * Origin Bancorp Inc's reported EPS for the quarter was 79
cents​.
    * The mean earnings estimate of analysts had fallen by
about 15.7%
in the last three months.​ 
    * In the last 30 days, five analysts negatively revised
earnings
estimates 
    * Origin Bancorp Inc shares had fallen by 4.9% this
quarter and
lost 16.7% so far this year.
    * The company reported quarterly net income of $24.3
million.
    * Wall Street's median 12-month price target for Origin
Bancorp
Inc is $37.50 
    * 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
April 26 at 09:01 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      0.91           0.79           Missed
 Dec. 31 2022      0.99           0.95           Missed
 Sep. 30 2022      0.55           0.57           Beat
 Jun. 30 2022      0.86           0.90           Beat