How reliable are GBCI's earnings forecasts?

**Glacier Bancorp's (GBCI) earnings forecasts for the upcoming quarter are generally consistent with a decline in earnings on lower revenues.** Here's a detailed analysis: 1. **Consensus Estimates**: The consensus estimates for GBCI's Q1 2025 earnings show a predicted EPS of $0.48, reflecting a decrease from the previous year's EPS of $0.41. The estimated revenue for the same period is $225.35 million, indicating a slight increase from the previous year's revenue of $204.43 million. However, when considering the broader trend of estimate revisions, the consensus EPS estimate has been revised 0.58% lower over the last 30 days, which suggests a general downward adjustment in earnings expectations. 2. **Trends in Estimate Revisions**: The trends in estimate revisions indicate a general decline in earnings expectations. For instance, the consensus EPS estimate for Q1 2025 has been revised 0.58% lower over the last 30 days. Similarly, the estimated EPS for Q4 2024 was revised 8.64% lower, and the estimated EPS for Q1 2025 was revised 0.6% lower. These revisions reflect a broader consensus among analysts that GBCI's earnings are likely to decline. 3. **Analyst Opinions**: Analysts have predicted a year-over-year decline in earnings on lower revenues for both Q2 and Q4 earnings reports. This suggests a consistent theme of declining earnings with decreasing revenues. Additionally, analysts have forecasted a significant decline in earnings for Q4 2023, with an expected EPS of $0.41, representing a 43.1% decrease from the previous year. 4. **Market Expectations**: The market is also anticipating a decline in earnings, with expectations of a 40% year-over-year decrease in EPS for Q1 2025. This aligns with the general trend of declining earnings estimates. In conclusion, while there is some slight variation in the estimated figures, the overall trend among analysts and the revisions to estimates suggest that GBCI's earnings forecasts for the upcoming quarter are reliable in indicating a decline in earnings on lower revenues.