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Stock impact report

Unlocking Q3 Potential of Associated Banc-Corp (ASB): Exploring Wall Street Estimates for Key Metrics [Yahoo! Finance]

Associated Banc-Corp (ASB) 
NASDAQ:AMEX Investor Relations: investor.associatedbank.com
Company Research Source: Yahoo! Finance
Analysts on Wall Street project that Associated Banc-Corp (ASB) will announce quarterly earnings of $0.51 per share in its forthcoming report, representing a decline of 3.8% year over year. Revenues are projected to reach $336.52 million, increasing 3.4% from the same quarter last year. Over the last 30 days, there has been a downward revision of 1.6% in the consensus EPS estimate for the quarter, leading to its current level. This signifies the covering analysts' collective reconsideration of their initial forecasts over the course of this timeframe. Ahead of a company's earnings disclosure, it is crucial to give due consideration to changes in earnings estimates. These revisions serve as a noteworthy factor in predicting potential investor reactions to the stock. Numerous empirical studies consistently demonstrate a strong relationship between trends in earnings estimate revision and the short-term price performance of a stock. While investors usually depend on consensus earn Show less Read more
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