First Internet INBK will release its quarterly earnings report on Wednesday, 2024-10-23. Here's a brief overview for investors ahead of the announcement.
Analysts anticipate First Internet to report an earnings per share (EPS) of $0.83.
The announcement from First Internet is eagerly anticipated, with investors seeking news of surpassing estimates and favorable guidance for the next quarter.
It's worth noting for new investors that guidance can be a key determinant of stock price movements.
Overview of Past Earnings
Last quarter the company beat EPS by $0.01, which was followed by a 0.5% drop in the share price the next day.
Here's a look at First Internet's past performance and the resulting price change:
Quarter | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
---|---|---|---|---|
EPS Estimate | 0.71 | 0.54 | 0.31 | 0.36 |
EPS Actual | 0.72 | 0.59 | 0.48 | 0.39 |
Price Change % | -0.0% | -8.0% | 9.0% | 10.0% |
Stock Performance
Shares of First Internet were trading at $36.13 as of October 21. Over the last 52-week period, shares are up 152.16%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.
To track all earnings releases for First Internet visit their earnings calendar on our site.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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