Earnings Preview : Q3 2024 Is Shaping Up To Be An Important Quarter For Old Second Bancorp ($OSBC)

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On Wednesday 16th October 2024, investors and market participants can expect the release of Old Second Bancorp (NASDAQ: OSBC) third quarter financial results. This crucial announcement will be made after market close.

According to the predictions of financial experts on Wall Street, the concern is set to unveil an estimated $0.47 profit per share for the quarter. Additionally, the company is expected to report a total revenue of $70.7 million for the specific period.

The company's earnings report for the corresponding quarter of the previous year showcased a per-share income of $0.55. This figure was a result of the company's total revenue, which reached an impressive $72.91 million million during that specific period.

Analysts on Wall Street have shared their predictions regarding the annual performance of the company, estimating a total revenue of $282.21 million. Additionally, they are expecting the company to achieve per share profit of $1.89 for the fiscal year.

Period EPS
Actual
EPS
Growth*
Revenue
Actual
Revenue
Growth*
Historical Earnings Insight
Q2 2024 $0.46 -17.9% 70.82 M -1.4%
Q1 2024 $0.47 -9.6% 70.28 M -1.6%
Q4 2023 $0.42 -20.8% 69.96 M -4.2%
Q3 2023 $0.55 +27.9% 72.91 M +8.7%
Q2 2023 $0.56 +80.6% 71.80 M +31.8%
*Growth on year-over-year basis

 

Old Second Bancorp (OSBC) closed Monday's regular trading session at $15.57, demonstrating a 0.52 percent increase, with a volume of 187.00 thousand shares.