Earnings Preview For Glacier Bancorp
Portfolio Pulse from Benzinga Insights
Glacier Bancorp (NYSE:GBCI) is set to release its quarterly earnings report on October 19, 2023. Analysts estimate an earnings per share (EPS) of $0.42. The company's past performance shows a trend of beating EPS estimates but experiencing a drop in share price. The stock is currently trading at $31.47, down 39.62% over the last 52-week period.
October 18, 2023 | 3:01 pm
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Glacier Bancorp is expected to report an EPS of $0.42. Despite beating EPS estimates in the past, the company's share price has typically dropped afterwards. The stock is down 39.62% over the last year.
Glacier Bancorp has a history of beating EPS estimates but this has been followed by a drop in share price. Given the negative returns over the past year, this trend could continue following the upcoming earnings release.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100