* Nicolet Bankshares Inc reported quarterly adjusted earnings of $1.82 per share for the quarter ended in March, lower than the same quarter last year, when the company reported EPS of $2.01. The mean expectation of five analysts for the quarter was for earnings of $1.64 per share. Wall Street expected results to range from $1.55 to $1.74 per share.
* Revenue rose 10.7% to $62.81 million from a year ago; analysts expected $71.74 million.
* Nicolet Bankshares Inc's reported EPS for the quarter was $1.82.
* The company reported quarterly net income of $27.79 million.
* Nicolet Bankshares Inc shares had fallen by 9.7% this quarter and lost 3.5% so far this year.
FORECAST CHANGES
* The mean earnings estimate of analysts had risen by about 5% in the last three months.
* In the last 30 days, one analyst negatively revised an earnings estimate
RECOMMENDATIONS
* The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 2 "strong buy" or "buy," 3 "hold" and no "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 Nicolet Bankshares Inc is $91.00 This summary was machine generated from LSEG data April 16 at 09:07 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) QUARTER ENDING ESTIMATE ACTUAL BEAT, MET,
MISSED
Mar. 31 2024 1.64 1.82 Beat
Dec. 31 2023 2.08 2.15 Beat
Sep. 30 2023 1.55 1.54 Missed
Jun. 30 2023 1.46 1.51 Beat
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