What's Next: Old Second Bancorp's Earnings Preview

Old Second Bancorp (NASDAQ:OSBC) is set to give its latest quarterly earnings report on Wednesday, 2024-10-16. Here's what investors need to know before the announcement.

Analysts estimate that Old Second Bancorp will report an earnings per share (EPS) of $0.47.

The announcement from Old Second Bancorp is eagerly anticipated, with investors seeking news of surpassing estimates and favorable guidance for the next quarter.

It's worth noting for new investors that guidance can be a key determinant of stock price movements.

Performance in Previous Earnings

During the last quarter, the company reported an EPS missed by $0.01, leading to a 2.21% drop in the share price on the subsequent day.

Here's a look at Old Second Bancorp's past performance and the resulting price change:

Quarter	Q2 2024	Q1 2024	Q4 2023	Q3 2023
EPS Estimate	0.47	0.46	0.54	0.53
EPS Actual	0.46	0.47	0.42	0.55
Price Change %	-2.0%	2.0%	-8.0%	2.0%

Performance of Old Second Bancorp Shares

Shares of Old Second Bancorp were trading at $15.57 as of October 14. Over the last 52-week period, shares are up 18.69%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.

To track all earnings releases for Old Second Bancorp visit their earnings calendar on our site.

This article was generated by Benzinga's automated content engine and reviewed by an editor.