First Internet: Q4 Earnings Insights

First Internet INBK reported its Q4 earnings results on Wednesday, January 24, 2024 at 04:30 PM.

Here's what investors need to know about the announcement.

Earnings

First Internet beat estimated earnings by 54.84%, reporting an EPS of $0.48 versus an estimate of $0.31.

Revenue was down $268 thousand from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.03 which was followed by a 9.81% increase in the share price the next day.

Here's a look at First Internet's past performance:

Quarter Q3 2023 Q2 2023 Q1 2023 Q4 2022
EPS Estimate 0.36 0.38 0.46 0.70
EPS Actual 0.39 0.44 0.53 0.68
Revenue Estimate 19.92M 19.81M 22.17M 23.46M
Revenue Actual 24.79M 24.02M 25.02M 27.48M

To track all earnings releases for First Internet visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Date
ticker
name
Actual EPS
EPS Surprise
Actual Rev
Rev Surprise
Posted In: EarningsBZI-Recaps
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!