Group 1: Earnings Performance - Glacier Bancorp reported quarterly earnings of 0.29 per share a year ago [1] - The company had a surprise of 1.89% in the previous quarter, posting earnings of 0.53 [1] - Over the last four quarters, Glacier Bancorp has surpassed consensus EPS estimates three times [1] Group 2: Revenue Performance - The company posted revenues of 196.47 million year-over-year [2] - Glacier Bancorp has topped consensus revenue estimates two times over the last four quarters [2] Group 3: Stock Performance and Outlook - Glacier Bancorp shares have declined approximately 16.7% since the beginning of the year, compared to a decline of 8.6% for the S&P 500 [3] - The company's earnings outlook is mixed, with a current Zacks Rank of 3 (Hold), indicating expected performance in line with the market [6] - The current consensus EPS estimate for the coming quarter is 242.7 million, and for the current fiscal year, it is 1 billion in revenues [7] Group 4: Industry Context - The Zacks Industry Rank for Banks - West is currently in the bottom 42% of over 250 Zacks industries, suggesting potential challenges for stock performance [8]
Glacier Bancorp (GBCI) Meets Q1 Earnings Estimates