MidWestOne Financial Gr: Q4 Earnings Insights

MidWestOne Financial Gr MOFG reported its Q4 earnings results on Thursday, January 25, 2024 at 04:15 PM.

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

Earnings

MidWestOne Financial Gr missed estimated earnings by 65.31%, reporting an EPS of $0.17 versus an estimate of $0.49.

Revenue was down $11.01 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.01 which was followed by a 1.51% drop in the share price the next day.

Here's a look at MidWestOne Financial Gr's past performance:

Quarter Q3 2023 Q2 2023 Q1 2023 Q4 2022
EPS Estimate 0.57 0.71 0.75 1.09
EPS Actual 0.58 0.48 0.72 1.02
Revenue Estimate 37.39M 48.85M 51.62M 49.62M
Revenue Actual 34.58M 36.96M 40.08M 43.56M

To track all earnings releases for MidWestOne Financial Gr visit their earnings calendar here.

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

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Posted In: EarningsBZI-Recaps
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