Why Old National Bancorp (ONB) Could Beat Earnings Estimates Again

Core Insights - Old National Bancorp (ONB) is well-positioned to continue its earnings-beat streak, having a history of surpassing earnings estimates, particularly in the last two quarters with an average surprise of 4.64% [1] Earnings Performance - For the last reported quarter, Old National Bancorp achieved earnings of $0.59 per share, exceeding the Zacks Consensus Estimate of $0.56 per share, resulting in a surprise of 5.36% [2] - In the previous quarter, the company was expected to report earnings of $0.51 per share but delivered $0.53 per share, yielding a surprise of 3.92% [2] Earnings Estimates and Predictions - There has been a favorable change in earnings estimates for Old National Bancorp, with a positive Earnings ESP (Expected Surprise Prediction) indicating a strong likelihood of an earnings beat, especially given its solid Zacks Rank [5] - Stocks with a positive Earnings ESP and a Zacks Rank of 3 (Hold) or better have historically produced a positive surprise nearly 70% of the time, suggesting a high probability of beating consensus estimates [6] Current Earnings ESP - Old National Bancorp currently has an Earnings ESP of +2.69%, indicating that analysts have recently become more optimistic about the company's earnings prospects [8] - This positive Earnings ESP, combined with a Zacks Rank of 2 (Buy), suggests that another earnings beat may be forthcoming, with the next earnings report expected on January 21, 2026 [8]