1st Source (SRCE) Beats Q2 Earnings and Revenue Estimates

This quarterly report represents an earnings surprise of 19.20%. A quarter ago, it was expected that this holding company for 1st Source Bank would post earnings of $1.17 per share when it actually produced earnings of $1.19, delivering a surprise of 1.71%. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. What's Next for 1st Source? There are no easy answers t ...