Associated Banc-Corp (ASB) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

Core Viewpoint - Associated Banc-Corp (ASB) is anticipated to report a year-over-year increase in earnings driven by higher revenues, with the actual results being a significant factor influencing its near-term stock price [1][2]. Earnings Expectations - The earnings report is scheduled for July 24, and a positive surprise in key numbers could lead to a stock price increase, while a miss may result in a decline [2]. - The consensus estimate for quarterly earnings is $0.62 per share, reflecting a year-over-year increase of +19.2%, with revenues expected to reach $362.81 million, up 11.5% from the previous year [3]. Estimate Revisions - The consensus EPS estimate has remained unchanged over the last 30 days, indicating stability in analysts' assessments [4]. - For Associated Banc-Corp, the Most Accurate Estimate is higher than the Zacks Consensus Estimate, resulting in an Earnings ESP of +0.81% and a Zacks Rank of 2, suggesting a likely earnings beat [12]. Earnings Surprise History - In the last reported quarter, Associated Banc-Corp had an earnings surprise of +3.51%, reporting $0.59 per share against an expectation of $0.57 [13]. - Over the past four quarters, the company has beaten consensus EPS estimates three times [14]. Industry Comparison - QCR Holdings (QCRH), another player in the Zacks Banks - Midwest industry, is expected to report earnings of $1.63 per share, indicating a year-over-year decline of -5.8%, with revenues projected at $84.65 million, down 2.8% [18]. - QCR Holdings has an Earnings ESP of +2.45% but carries a Zacks Rank of 5 (Strong Sell), complicating predictions for an earnings beat [19].