Earnings Preview For MidWestOne Financial Gr
Portfolio Pulse from Benzinga Insights
MidWestOne Financial Gr (NASDAQ:MOFG) is expected to release its quarterly earnings report on Thursday, 2024-01-25, with analysts estimating an EPS of $0.49. Investors are looking for an earnings beat and positive guidance for future growth. The company's past earnings performance shows mixed results with both beats and misses, and the stock price has generally reacted negatively the following day. Over the last year, MOFG shares have declined by 19.12%, indicating a bearish sentiment among long-term shareholders.
January 24, 2024 | 7:00 pm
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NEUTRAL IMPACT
MidWestOne Financial Gr is set to report earnings with an anticipated EPS of $0.49. Past performance shows a mixed impact on stock price post-earnings, with a general downtrend over the past year.
The anticipated EPS of $0.49 sets a benchmark for MidWestOne Financial Gr's earnings report. Historical data shows that the company's stock price has had varied reactions to past earnings releases, with a slight tendency to decrease. The overall bearish trend over the past year may temper expectations, but a positive earnings surprise and guidance could provide a short-term boost. However, given the mixed historical reactions, the short-term impact is uncertain, hence a neutral score is assigned.
CONFIDENCE 70
IMPORTANCE 75
RELEVANCE 100