1st Source (US:SRCE) ZACKSยท2025-07-17 15:06Company Overview - 1st Source (SRCE) is expected to report flat earnings of $1.49 per share for the quarter ended June 2025, with revenues projected at $106 million, reflecting a 9% increase year-over-year [3]. Earnings Expectations - Wall Street anticipates that the stock may rise if the actual earnings exceed expectations in the upcoming report, scheduled for July 24 [2]. - The consensus EPS estimate has remained unchanged over the last 30 days, indicating stability in analyst expectations [4]. Earnings Surprise Prediction - The Most Accurate Estimate for 1st Source is higher than the Zacks Consensus Estimate, resulting in a positive Earnings ESP of +0.34%, suggesting a likelihood of beating the consensus EPS estimate [12]. - A positive Earnings ESP is a strong predictor of an earnings beat, especially when combined with a Zacks Rank of 2 (Buy) [10]. Historical Performance - In the last reported quarter, 1st Source exceeded the expected earnings of $1.36 per share by delivering $1.52, resulting in a surprise of +11.76% [13]. - The company has successfully beaten consensus EPS estimates in each of the last four quarters [14]. Industry Comparison - First Busey (BUSE), another player in the Zacks Banks - Midwest industry, is expected to report earnings of $0.61 per share, marking a year-over-year increase of +22%, with revenues projected at $192.1 million, up 65.3% from the previous year [18]. - However, First Busey's consensus EPS estimate has been revised 2.1% lower over the last 30 days, resulting in a negative Earnings ESP of -4.49% and a Zacks Rank of 4 (Sell), making it difficult to predict an earnings beat [19].