Old National Bancorp Earnings Estimate $ONB

Thu, 10/27/2011 - 13:15
Old National Bancorp Earnings Estimate $ONB
paid2trade

[b]Earnings Overview for Old National Bancorp (ONB) upcoming performance release[/b]
[b] Old National Bancorp[/b] (ONB) is scheduled to release last fiscal quarter's results before the opening bell on October 31, 2011.

Old National Bancorp operates as a holding company for Old National Bank, which provides financial services to individuals and commercial customers primarily in Indiana, eastern and southeastern Illinois, and central and western Kentucky. The company was founded in 1834 and is headquartered in Evansville, Indiana.

[b]52 Week High: $12.18[/b]
[b]52 Week Low: $8.67[/b]
[b]Book Value: $10.64[/b]
[b]Float Short: 7.69%[/b]

On average, 11 analysts are expecting a drop of [color=Red]$-0.03[/color] in earnings per share compared to last quarter's results of $0.18. Investors will be [b]looking to top $0.15 per share[/b], based on the estimated mean earnings. Analyst estimates range between $0.03 and $0.2 per share.

Looking at the price movement over the last month, the stock has moved higher in price 13.29%, with a change from a year ago of 11.67%.
When comparing to the S&P 500, the year to date difference is -6.11%.

The bottom line has rising earnings year-over-year of $38.21 million for 2010 vs. $13.74 million for 2009.

Gross reported revenue compared to the mean estimate (rounded).
[table][tr][td]Fiscal Quarter Ending Month-Year[/td] [td]Revenue Estimates[/td] [td]Actual[/td] [td]$ Difference[/td] [td]Difference %[/td][/tr] [tr][td]Jun-11[/td][td]$ 103.65 M[/td][td]$ 108.82 M[/td][td]$ 5.17 M[/td][td]4.99%[/td][/tr][tr][td]Mar-11[/td][td]$ 104.02 M[/td][td]$ 105.68 M[/td][td]$ 1.66 M[/td][td]1.6%[/td][/tr][tr][td]Dec-10[/td][td]$ 95.84 M[/td][td]$ 99.33 M[/td][td]$ 3.49 M[/td][td]3.64%[/td][/tr][tr][td]Sep-10[/td][td]$ 96.97 M[/td][td]$ 99.30 M[/td][td]$ 2.33 M[/td][td]2.4%[/td][/tr][tr][td]Jun-10[/td][td]$ 97.31 M[/td][td]$ 101.60 M[/td][td]$ 4.29 M[/td][td]4.41%[/td][/tr][/table]M = millions, B = billions

Differences are rounded. (Some onetime items are often excluded in reported EPS)
[img]http://www.paid2trade.com/SAForm/BarChartPics/ONB-PerShareEarningsSurprises-10-27-11.png[/img]
Reported earnings per share compared to the mean estimate. Differences are rounded.

The total short interest number of shares for ONB
[img]http://www.paid2trade.com/SAForm/BarChartPics/ONB-ShortInterestData-10-27-11.png[/img]

The number of days to cover short interest based on average daily trading volume for ONB.
[img]http://www.paid2trade.com/SAForm/BarChartPics/ONB-DaysToCoverData.php-10-27-11.png[/img]

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I use a proprietary blend of technical analysis, financial crowd behavior, and fundamentals in my short-term trades, and while not totally the same in longer swing trades to investments, the concepts used are similar. You may want to use this article as a starting point of your own research with your financial planner. I use Seeking Alpha, Edgar Online, and Yahoo Finance for most of my data. I use the "confirmed" symbols from earnings.com that I believe to be of the most interest.

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