Mark your calendars for Thursday 24th October 2024, as MidWestOne Financial Group (NASDAQ: MOFG) will be revealing its third quarter financial results. This highly awaited announcement is scheduled to take place after market close, pave the way to review a period of expectation and anticipation.
It appears that the company is on the verge of revealing their estimated $0.56 profit per share for the quarter, as well as their total revenue of $37.44 million for this specific period, according to financial experts on Wall Street.
The forecasts for the company's annual performance have been disclosed by Wall Street analysts, with an estimated total revenue of $152.7 million. In addition, they anticipate the company to report profit of $2.4 per share for the fiscal year.
When looking back at the corresponding quarter from the previous year, the company's earnings report showcased a per-share income of $0.58. This was attributed to the company's total revenue, which amounted to an impressive $34.58 million during that same period.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Historical Earnings Insight | ||||
| Q2 2024 | $0.50 | +4.2% | 36.35 M | -1.7% |
| Q1 2024 | $0.21 | -70.8% | 34.73 M | -13.3% |
| Q4 2023 | $0.17 | -83.3% | 32.56 M | -25.3% |
| Q3 2023 | $0.58 | -50.4% | 34.58 M | -24.4% |
| Q2 2023 | $0.48 | -40.0% | 36.96 M | -7.0% |
| *Growth on year-over-year basis | ||||
Additionally, The company will host a conference call with investors and analysts on 25th October 2024 at 12:00 PM eastern time to review the Q3 2024 financial results.
The previous trading day saw MidWestOne Financial Group (MOFG) shares trading between $28.86 and $29.34, besides a volume of 41.40 thousand shares. The stock closed Tuesday's regular trading session at $29.11, marking 0.62 percent gain.
