What trends in SRCE's earnings surprises suggest for 2025?

1st Source's (SRCE) earnings surprises for 2024 suggest a mixed outlook for 2025, with some potential for growth but also challenges to be aware of:

1. **Recent Performance**: SRCE's most recent earnings report for Q4 2024 showed an EPS of $1.27, missing the estimate by -5.0%. This recent underperformance indicates that while the company has been growing, it has not yet reached the levels expected by analysts.
2. **Analyst Expectations**: The average analyst price target for SRCE is $70.75, with a consensus rating of "Buy". This suggests that analysts are generally optimistic about SRCE's future performance, potentially driven by factors such as its financial services niche and potential for growth in the industry.

3. **Earnings Estimate Adjustments**: DA Davidson has raised its FY2025 earnings per share estimates for SRCE to $5.59, indicating a more positive outlook than the consensus estimate. This could be due to specific insights or market conditions that the analyst believes will positively impact SRCE's performance.
4. **Revenue Growth**: SRCE has seen a revenue increase of $6.28 million from the previous year, which is a positive sign. However, the company's revenue for the quarter was slightly below expectations, with a revenue surprise of 488,000, indicating that while there is growth, it may not yet be at the level of the most optimistic forecasts.

|code|Ticker|Name|Date|Revenue Surprise|Net Income|market_code|
|---|---|---|---|---|---|---|
|SRCE|SRCE.O|1st Source|2024 Q1|-1110000|2.9462E7|185|
|SRCE|SRCE.O|1st Source|2024 Q2|2575000|3.6805E7|185|
|SRCE|SRCE.O|1st Source|2024 Q3|558000|3.4914E7|185|
|SRCE|SRCE.O|1st Source|2024 Q4|488000|3.1437E7|185|

5. **Market Conditions**: The broader market conditions and industry trends will also play a significant role in determining SRCE's 2025 performance. Factors such as interest rates, economic growth, and regulatory changes can impact the company's financial services offerings and, consequently, its earnings.

In conclusion, while SRCE's recent earnings performance has been mixed, with some misses and some growth, the analyst consensus and the earnings estimate adjustments suggest that 2025 could be a year of potential growth for the company. However, investors should remain mindful of the potential challenges and market conditions that could impact SRCE's financial performance.