A Preview Of Old National's Earnings
Portfolio Pulse from Benzinga Insights
Old National (NASDAQ:ONB) is expected to release its quarterly earnings report on Tuesday, 2024-01-23, with analysts predicting an EPS of $0.48. Investors are looking for an earnings beat and positive guidance for future growth. Old National's stock performance has been negative over the last year, with shares down 1.64%. The company's past earnings have shown mixed results with both beats and misses, and varied stock price reactions.
January 22, 2024 | 2:00 pm
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Old National is anticipated to report quarterly earnings with an EPS estimate of $0.48. Investors will focus on earnings results and future guidance. The stock has seen a 1.64% decline over the past year, indicating bearish sentiment.
The short-term impact on ONB's stock price will likely hinge on whether the company beats the EPS estimate and provides positive future guidance. However, given the mixed historical price reactions to past earnings reports and the overall negative performance over the last year, the immediate impact is uncertain. Therefore, a neutral score is given, with high relevance due to the direct mention of the upcoming earnings report, high importance as earnings are a significant event for investors, and moderate confidence reflecting the unpredictable nature of market reactions to earnings.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100