Earnings Preview For Old National

Old National ONB is preparing to release its quarterly earnings on Tuesday, 2024-10-22. Here's a brief overview of what investors should keep in mind before the announcement.

Analysts expect Old National to report an earnings per share (EPS) of $0.46.

Old National bulls will hope to hear the company announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Historical Earnings Performance

In the previous earnings release, the company beat EPS by $0.02, leading to a 1.63% drop in the share price the following trading session.

Here's a look at Old National's past performance and the resulting price change:

Market Performance of Old National's Stock

Shares of Old National were trading at $19.52 as of October 18. Over the last 52-week period, shares are up 40.85%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.

To track all earnings releases for Old National visit their earnings calendar on our site.

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