QCR Holdings Inc reports results for the quarter ended in June - Earnings Summary

QCR Holdings

26/07/2023 22:40

* QCR Holdings Inc  QCRH.OQ  reported quarterly adjusted
earnings
of $1.69​​ per share for the quarter ended in June. The mean
expectation of five analysts for the quarter was for earnings of
$1.34 per share.
    * Revenue fell 10.4% to $53.21 million from a year ago;
analysts
expected $62.47 million. 
    * QCR Holdings Inc's reported EPS for the quarter was
$1.69​.
    * The mean earnings estimate of analysts had fallen by
about 12.5%
in the last three months.​ 
    * In the last 30 days, two analysts negatively revised
earnings
estimates 
    * QCR Holdings Inc shares had risen by 18.4% this
quarter and
lost 2.1% so far this year.
    * The company reported quarterly net income of $28.4
million.
    * Wall Street's median 12-month price target for QCR
Holdings Inc
is $52.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data July
26 at 09:40 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      1.34           1.69           Beat
 Mar. 31 2023      1.51           1.65           Beat
 Dec. 31 2022      1.74           1.83           Beat
 Sep. 30 2022      1.67           1.69           Beat