Earnings Outlook For First Internet
Portfolio Pulse from Benzinga Insights
First Internet (NASDAQ:INBK) is set to release its latest quarterly earnings report on October 25, 2023. Analysts estimate an earnings per share (EPS) of $0.36. The company's past performance shows a trend of beating EPS estimates, which has generally led to an increase in share price. However, the stock has been on a downward trend over the last 52-week period, with shares down 36.0%.
October 24, 2023 | 9:01 pm
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First Internet is expected to report an EPS of $0.36 in its upcoming earnings. The company has a history of beating EPS estimates, which has generally led to a share price increase. However, the stock has been on a downward trend, with shares down 36.0% over the last 52 weeks.
First Internet's upcoming earnings report is highly relevant as it directly impacts the company's stock. The company's history of beating EPS estimates could potentially lead to a short-term increase in share price. However, the overall downward trend of the stock indicates a bearish sentiment among long-term shareholders, which could counteract any positive impact from the earnings report.
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