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

Origin Bancorp

26/10/2023 16:17

* Origin Bancorp Inc  OBK.N  reported quarterly adjusted
earnings
of 79 cents​​ per share for the quarter ended in September. The
mean expectation of five analysts for the quarter was
for earnings of 64 cents per share.
    * Revenue fell 12.3% to $79.80 million from a year ago;
analysts
expected $88.93 million. 
    * Origin Bancorp Inc's reported EPS for the quarter was 79
cents​.
    * The mean earnings estimate of analysts had fallen by
about 3% in
the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate 
    * Origin Bancorp Inc shares had fallen by 6.2% this
quarter and
lost 26.2% so far this year.
    * The company reported quarterly net income of $24.31
million.
    * Wall Street's median 12-month price target for Origin
Bancorp
Inc is $34.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
October 26 at 03:17 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2023      0.64           0.79           Beat
 Jun. 30 2023      0.67           0.70           Beat
 Mar. 31 2023      0.91           0.79           Missed
 Dec. 31 2022      0.99           0.95           Missed