Earnings Outlook For Old Second Bancorp
Portfolio Pulse from Benzinga Insights
Old Second Bancorp (NASDAQ:OSBC) is expected to release its quarterly earnings report on January 24, 2024, with an estimated EPS of $0.54. Investors are looking for an earnings beat and positive guidance for future growth. Historically, the company's stock price has reacted to past earnings performances, with increases or decreases following the announcement. Shares are currently trading at $15.61, with a 1.1% increase over the last 52 weeks, indicating a bullish sentiment among long-term shareholders.
January 23, 2024 | 6:01 pm
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Old Second Bancorp is anticipated to release its earnings report with an estimated EPS of $0.54. Historical data shows stock price movement post-earnings, and current share price is $15.61, up 1.1% over the last year.
Given the historical positive reaction to earnings beats and the current bullish sentiment indicated by the 1.1% year-over-year stock increase, there is a likelihood of a positive short-term impact on OSBC's stock price if the company reports earnings that meet or exceed expectations and provides favorable future guidance.
CONFIDENCE 75
IMPORTANCE 80
RELEVANCE 100