* Midwestone Financial Group Inc (IOWA) reported quarterly adjusted earnings of 52 cents per share for the quarter ended September 30, lower than the same quarter last year, when the company reported EPS of 58 cents. The mean expectation of five analysts for the quarter was for earnings of 56 cents per share. Wall Street expected results to range from 54 cents to 57 cents per share.
* Revenue rose 8.5% to $37.52 million from a year ago; analysts expected $37.44 million.
* Midwestone Financial Group Inc (IOWA)'s reported EPS for the quarter was a loss of $6.05.
* The company reported a quarterly loss of $95.71 million.
* Midwestone Financial Group Inc (IOWA) shares had risen by 2.5% this quarter and gained 8.6% so far this year.
FORECAST CHANGES
* The mean earnings estimate of analysts had fallen by about 3.8% in the last three months.
* In the last 30 days, three analysts negatively revised earnings estimates
RECOMMENDATIONS
* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy," 3 "hold" and no "sell" or "strong sell."
* The average consensus recommendation for the banks peer group is also "buy"
Wall Street's median 12-month price target for Midwestone Financial Group Inc (IOWA) is $32.00 This summary was machine generated from LSEG data October 27 at 03:52 p.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING ESTIMATE ACTUAL BEAT, MET,
MISSED
Sep. 30 2024 0.56 0.52 Missed
Jun. 30 2024 0.49 1.00 Beat
Mar. 31 2024 0.39 0.21 Missed
Dec. 31 2023 0.49 0.60 Beat
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