Old Second Bancorp(US:OSBC) ZACKSยท2025-04-23 22:55Group 1: Earnings Performance - Old Second Bancorp reported quarterly earnings of $0.45 per share, missing the Zacks Consensus Estimate of $0.46 per share, and down from $0.47 per share a year ago, representing an earnings surprise of -2.17% [1] - The company posted revenues of $73.11 million for the quarter ended March 2025, surpassing the Zacks Consensus Estimate by 3.62%, compared to year-ago revenues of $70.28 million [2] - Over the last four quarters, Old Second Bancorp has surpassed consensus EPS estimates just once, but has topped consensus revenue estimates four times [2] Group 2: Stock Performance and Outlook - Old Second Bancorp shares have lost about 14.2% since the beginning of the year, while the S&P 500 has declined by -10.1% [3] - The company's earnings outlook is crucial for investors, as it includes current consensus earnings expectations for upcoming quarters and any recent changes to these expectations [4] - The current consensus EPS estimate for the coming quarter is $0.47 on $71.7 million in revenues, and $1.85 on $287.1 million in revenues for the current fiscal year [7] Group 3: Industry Context - The Zacks Industry Rank for Banks - Midwest is currently in the top 13% of over 250 Zacks industries, indicating a favorable outlook for the sector [8] - Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions, suggesting that tracking these revisions can be beneficial for investors [5] - The favorable estimate revisions trend for Old Second Bancorp has resulted in a Zacks Rank 2 (Buy) for the stock, indicating expected outperformance in the near future [6]