An Overview of First Internet's Earnings
Portfolio Pulse from Benzinga Insights
First Internet (NASDAQ:INBK) is set to release its quarterly earnings on October 23, 2024. Analysts expect an EPS of $0.83. The company's past performance shows mixed stock reactions to earnings results. Shares have risen 152.16% over the past year, indicating bullish sentiment among long-term investors.
October 22, 2024 | 9:01 pm
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First Internet is expected to report an EPS of $0.83. Past earnings have shown mixed stock price reactions, with a recent 0.5% drop despite beating estimates. Shares are up 152.16% over the past year, suggesting positive investor sentiment.
The upcoming earnings report is crucial for INBK as it could influence short-term stock price movements. Despite past mixed reactions to earnings, the significant rise in share price over the past year suggests positive sentiment. However, the stock's reaction will depend on whether the company meets or exceeds expectations and provides favorable guidance.
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