1st Source Corporation (NASDAQ: SRCE) has announced that it will be unveiling its third quarter financial results on Thursday 24th October 2024. This announcement is set to occur after market close, allowing investors and analysts to gain valuable insights into the company's performance during the quarter.
According to the forecasts of financial experts on Wall Street, the business is poised to announce an anticipated per share $1.34 profit for the quarter. Furthermore, the firm is expected to disclose a total revenue of $97.52 million for this specific period.
During the same quarter of the previous year, the company made public its income of $1.32 per share, which were derived from a quarterly revenue of $93.86 million.
According to the Wall Street analysts projections, the company is expected to generate a total revenue of $386.84 million for the fiscal year. Additionally, these analysts anticipate that the company will report profit of $5.33 per share during the same period.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Historical Earnings Insight | ||||
| Q2 2024 | $1.49 | +14.6% | 97.42 M | +6.5% |
| Q1 2024 | $1.19 | -4.8% | 94.22 M | +1.2% |
| Q4 2023 | $1.15 | -8.0% | 91.57 M | -3.3% |
| Q3 2023 | $1.32 | 0% | 93.86 M | +3.0% |
| Q2 2023 | $1.30 | +10.2% | 91.46 M | +5.8% |
| *Growth on year-over-year basis | ||||
1st Source Corporation (SRCE) shares experienced a range of $59.18 to $59.96 on a day volume of 65.60 thousand shares. The stock closed Tuesday's regular trading session at $59.89, marking a 0.54 percent increase.
