Old Second Bancorp Inc reports results for the quarter ended December 31 - Earnings Summary

• Old Second Bancorp Inc OSBC.OQ reported quarterly adjusted earnings of 42 cents​​ per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of 40 cents. The mean expectation of six analysts for the quarter was for earnings of 48 cents per share. Wall Street expected results to range from 44 cents to 49 cents per share.

• Revenue fell 1.6% to $68.81 million from a year ago; analysts expected $70.56 million.

• Old Second Bancorp Inc's reported EPS for the quarter was 42 cents​.

• The company reported quarterly net income of $19.11 million.

• Old Second Bancorp Inc shares had risen by 4.9% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts was unchanged in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell."

• The average consensus recommendation for the banks peer group is also "buy"

Wall Street's median 12-month price target for Old Second Bancorp Inc is $21.50

This summary was machine generated from LSEG data January 22 at 10:01 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)