First Interstate BancSys Earnings Preview
Portfolio Pulse from Benzinga Insights
First Interstate BancSys (NASDAQ:FIBK) is set to release its quarterly earnings report on October 25, 2023. Analysts estimate an EPS of $0.62. The company's past performance shows a trend of missing EPS estimates, which has led to drops in share price. The stock is currently trading at $22.26, down 49.35% over the last 52-week period.
October 24, 2023 | 3:02 pm
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NEGATIVE IMPACT
First Interstate BancSys is expected to report an EPS of $0.62. The company's history of missing EPS estimates and the subsequent negative impact on its share price may influence investor sentiment.
First Interstate BancSys has a history of missing EPS estimates, which has led to drops in its share price. Given this trend and the current analyst estimate of $0.62, there is a risk of a negative impact on the stock price if the company fails to meet the estimate. Furthermore, the stock has been on a downward trend, losing 49.35% over the last 52 weeks, which may further dampen investor sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100