Actionable Stock Market Trading Newswire. Built for Traders, by Traders.
All news is property of their respective owners.

Recap: Old National Bancorp Q2 Earnings

  Old National Bancorp (NASDAQ:ONB) reported its Q2 earnings results on Tuesday, July 26, 2022 at 08:00 AM. Here's what investors need to know about the announcement.
byBenzinga Insights
July 26, 2022
1 minute read
Total
0
Shares
0
0
0
0
0
0

 

Old National Bancorp (NASDAQ:ONB) reported its Q2 earnings results on Tuesday, July 26, 2022 at 08:00 AM.

Here’s what investors need to know about the announcement.

Earnings

Old National Bancorp beat estimated earnings by 17.95%, reporting an EPS of $0.46 versus an estimate of $0.39.

Revenue was up $225.15 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.06 which was followed by a 1.04% drop in the share price the next day.

Here’s a look at Old National Bancorp’s past performance:

 

Quarter Q1 2022 Q4 2021 Q3 2021 Q2 2021
EPS Estimate 0.34 0.25 0.36 0.40
EPS Actual 0.40 0.37 0.43 0.41
Revenue Estimate 262.70M 202.40M 202.00M 205.32M
Revenue Actual 288.02M 198.26M 206.09M 201.44M

To track all earnings releases for Old National Bancorp visit their earnings calendar here.

This article was generated by Benzinga’s automated content engine and reviewed by an editor.

 
Total
0
Shares
Share 0
Tweet 0
Share 0
Share 0
Share 0
Share 0
Related Posts
Read More

Cannabis Edibles Maker Indiva Reports Record Revenue In 2023, Positive EBITDA And Income From Q4 Operations

By Jelena Martinovic
April 25, 10:07 AM
Canadian cannabis edibles producer Indiva Limited announced on Thursday its financial and operating results for the fourth quarter and fiscal year ended Dec. 31, 2023. For the fourth quarter, the company reported a 53.3% increase year-over-year increase in gross profit before inventory write-down to CA$4.2 million (roughly $3 million). Gross margin before inventory write-down improved to a record 38.5% of net revenue, versus 37.1% in the prior quarter and 29.3% in the prior year's period. Indiva attributed the improvement in gross margin percentage year over year to higher sales, improved operating efficiencies and a positive mix shift toward higher-margin products.

NDVAF