Old National Bancorp reports results for the quarter ended September 30 - Earnings Summary

• Old National Bancorp reported quarterly adjusted earnings of 66 cents​​ per share for the quarter ended September 30, higher than the same quarter last year, when the company reported EPS of 59 cents. The mean expectation of fifteen analysts for the quarter was for earnings of 66 cents per share. Wall Street expected results to range from 64 cents to 68 cents per share.

• Revenue rose 1.1% to $712.73 million from a year ago; analysts expected $732.15 million.

• Old National Bancorp's reported EPS for the quarter was 66 cents​.

• The company reported quarterly net income of $249.96 million.

• Old National Bancorp shares had risen by 2.8% this quarter and gained 13.6% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 0.7% in the last three months.​

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

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 11 "strong buy" or "buy," 3 "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 National Bancorp is $29.00, about 12.6% above its last closing price of $25.34

This summary was machine generated from LSEG data October 21 at 12:46 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)