On Thursday 24th October 2024, Associated Banc- (NYSE: ASB) will be releasing its third quarter financial results. This much awaited announcement will be made after market close.
Financial analysts on Wall Street are predicting that the business is expected to report an estimated per share $0.50 profit for the current quarter. Additionally, the company is anticipated to reveal a total revenue of $332.96 million during this period.
Upon revisiting the corresponding quarter from the prior year, the company's earnings report demonstrated a per-share income of $0.53. This figure was attributed to the company's total revenue, which reached an impressive $320.82 million during that same period.
Analysts on Wall Street have shared their predictions regarding the annual performance of the company, estimating a total revenue of $1.32 billion. Additionally, they are expecting the company to achieve per share profit of $2.25 for the fiscal year.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Historical Earnings Insight | ||||
| Q2 2024 | $0.52 | -7.1% | 321.75 M | -0.5% |
| Q1 2024 | $0.52 | -21.2% | 322.84 M | -3.9% |
| Q4 2023 | $0.53 | -24.3% | 258.63 M | -26.2% |
| Q3 2023 | $0.53 | -14.5% | 320.82 M | -4.3% |
| Q2 2023 | $0.56 | 0% | 323.46 M | +10.9% |
| *Growth on year-over-year basis | ||||
The business has scheduled a conference call on 24th October 2024 at 05:00 PM eastern time to discuss Q3 financial results.
The previous trading day saw Associated Banc- (ASB) shares trading between $21.90 and $22.46, besides a volume of 1.12 million shares. The stock closed Tuesday's regular trading session at $22.42, reflecting 1.63 percent advance.