First Interstate Bancsystem Inc reports results for the quarter ended December 31 - Earnings Summary

• First Interstate Bancsystem Inc FIBK.OQ reported quarterly adjusted earnings of 50 cents​​ per share for the quarter ended December 31, lower than the same quarter last year, when the company reported EPS of 59 cents. The mean expectation of eight analysts for the quarter was for earnings of 45 cents per share. Wall Street expected results to range from 37 cents to 56 cents per share.

• Revenue rose 3.6% to $261.30 million from a year ago; analysts expected $251.46 million.

• First Interstate Bancsystem Inc's reported EPS for the quarter was 50 cents​.

• The company reported quarterly net income of $52.1 million.

• First Interstate Bancsystem Inc shares had risen by 1.2% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 21.8% in the last three months.​

• In the last 30 days, six analysts negatively revised earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 3 "strong buy" or "buy," 3 "hold" and 2 "sell" or "strong sell."

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

Wall Street's median 12-month price target for First Interstate Bancsystem Inc is $35.50

This summary was machine generated from LSEG data January 30 at 08:27 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)