Glacier Bancorp Earnings Preview
Portfolio Pulse from Benzinga Insights
Glacier Bancorp (NYSE:GBCI) is scheduled to release its quarterly earnings report on January 25, 2024. Analysts predict an EPS of $0.40. Investors are looking for an earnings beat and positive guidance for future growth. Historically, GBCI's stock price has shown varied reactions to past earnings performances, with slight to significant drops following earnings releases. The stock is currently trading at $41.47, down 9.53% over the last year, indicating a bearish sentiment among long-term shareholders.
January 24, 2024 | 5:01 pm
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NEUTRAL IMPACT
Glacier Bancorp is expected to report an EPS of $0.40 for the latest quarter. Investors are focused on earnings beat and future guidance. Historical stock performance shows negative reactions post-earnings, with a 9.53% decline over the past year.
The expected EPS is a key focus, but investor sentiment may be more significantly influenced by the company's future guidance. Historical data shows that the stock price has not consistently moved in a positive direction post-earnings, indicating uncertainty in how the market will react. The current bearish trend may temper expectations, but a positive surprise in earnings or guidance could lead to a short-term positive impact.
CONFIDENCE 75
IMPORTANCE 80
RELEVANCE 100