LINKBANCORP Inc reports results for the quarter ended in January - Earnings Summary

Reuters07-30

* LINKBANCORP Inc reported quarterly adjusted earnings of 16 cents​​ per share for the quarter ended in January, higher than the same quarter last year, when the company reported EPS of 8 cents. The mean expectation of three analysts for the quarter was for earnings of 18 cents per share. 18 cents per share.

* Revenue rose 193.5% to $26.34 million from a year ago; analysts expected $27.79 million.

* LINKBANCORP Inc's reported EPS for the quarter was 16 cents​.

* The company reported quarterly net income of $5.8 million.

* LINKBANCORP Inc shares had risen by 20.8% this quarter and lost 7.3% so far this year.

FORECAST CHANGES

* The mean earnings estimate of analysts had fallen by about 8.2% 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 "hold" and the breakdown of recommendations is 1 "strong buy" or "buy," 2 "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 LINKBANCORP Inc is $7.50 This summary was machine generated from LSEG data July 29 at 10:28 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

Jan. 1 0001 0.18 0.16 Missed

Mar. 31 2024 0.18 0.15 Missed

Dec. 31 2023 -0.26 -0.57 Missed

Sep. 30 2023 -0.37 0.08 Beat

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