German American Bancorp (GABC) Tops This autumn Earnings and Income Estimates

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German American Bancorp (GABC) Tops This autumn Earnings and Income Estimates

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German American Bancorp (GABC) got here out with quarterly earnings of $0.59 per share, beating the Zacks Consensus Estimate of $0.58 per share. This compares to earnings of $0.53 per share a yr in the past. These figures are adjusted for non-recurring objects.

This quarterly report represents an earnings shock of 1.72%. 1 / 4 in the past, it was anticipated that this monetary providers holding firm would put up earnings of $0.59 per share when it truly produced earnings of $0.55, delivering a shock of -6.78%.

During the last 4 quarters, the corporate has surpassed consensus EPS estimates thrice.

German American Bancorp, which belongs to the Zacks Banks – Midwest trade, posted revenues of $50.69 million for the quarter ended December 2019, surpassing the Zacks Consensus Estimate by 3.77%. This compares to year-ago revenues of $42.72 million. The corporate has topped consensus income estimates 4 occasions over the past 4 quarters.



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