A Sneak Peek At Glacier Bancorp ($GBCI) Q3 2024 Earnings

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Glacier Bancorp (NYSE: GBCI) has announced that it will be unveiling its third quarter financial results on Thursday 24th October 2024. This eagerly anticipated announcement is scheduled to occur after market close, ensuring that investors and analysts have the opportunity to gain valuable insights into the company's performance during the quarter.

According to the predictions of financial experts on Wall Street, the concern is set to unveil an estimated $0.42 profit per share for the quarter. Additionally, the company is expected to report a total revenue of $186.94 million for the specific period.

The company's earnings report for the corresponding quarter of the previous year showcased a per-share income of $0.47. This figure was a result of the company's total revenue, which reached an impressive $167.05 million million during that specific period.

Wall Street analysts have offered their forecasts for the company's yearly performance, predicting a total revenue of $733.13 million. Additionally, they are expecting the company to report profit of $1.6 per share for the fiscal year 2024.

Period EPS
Actual
EPS
Growth*
Revenue
Actual
Revenue
Growth*
Historical Earnings Insight
Q2 2024 $0.39 -22.0% 166.48 M -3.2%
Q1 2024 $0.29 -47.3% 166.48 M -10.6%
Q4 2023 $0.49 -31.9% 166.46 M -18.4%
Q3 2023 $0.47 -34.7% 167.05 M -18.6%
Q2 2023 $0.50 -27.5% 171.98 M -11.1%
*Growth on year-over-year basis

 

GBCI will host a conference call with investment community on 25th October 2024 at 11:00 AM eastern time to discuss the financial results.

Glacier Bancorp (GBCI) shares traded as low as $45.74 and as high as $46.71 on a day volume of 388.50 thousand shares, closed Tuesday's regular trading session at $46.54, a gain of 1.62 percent.