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On Thursday, Associated Banc (NYSE:ASB) will release its latest earnings report. Decipher the announcement with Benzinga's help.
Earnings and Revenue
Analysts covering Associated Banc modeled for quarterly EPS of 47 cents on revenue of $316.37 million.
Associated Banc EPS in the same period a year ago totaled 36 cents. Revenue was $266.22 million. If the company were to match the consensus estimate, earnings would be up 30.56 percent. Revenue would be up 18.83 percent from the same quarter last year. Here's how the company's reported EPS has stacked up against analyst estimates in the past:
| Quarter | Q1 2018 | Q4 2017 | Q3 2017 | Q2 2017 |
| EPS Estimate | 0.41 | 0.38 | 0.36 | 0.36 |
| EPS Actual | 0.5 | 0.41 | 0.41 | 0.36 |
Stock Performance
Shares of Associated Banc were trading at $28.35 as of Jul. 19. shareholders are probably content going into this earnings release. Analysts have adjusted their estimates higher for EPS and revenues over the past 90 days. The popular rating by analysts on Associated Banc stock is a Sell. The strength of this rating has maintained conviction over the past 90 days.
Conference Call
Associated Banc's Q2 conference call is scheduled to begin at 4:00 p.m. ET and can be accessed here: http://public.viavid.com/player/index.php?id=130077
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.
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