First Busey Corp expected to post earnings of 57  cents a share - Earnings Preview

First Busey

23/07/2022 03:20

* First Busey Corp  BUSE.OQ   BUSE.O  is expected to show a
rise
in quarterly revenue when it reports  results on July 25
(estimated). 
    * The Urbana Illinois-based  company is expected to report 
a
11.3% increase in revenue to $108.613 million from $97.55
million a year ago, according to the mean estimate from 5
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for First Busey Corp is
for
earnings of 57 cents per share. For the same quarter last year,
the company reported earnings of 55 cents per share.
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for First Busey
Corp
is $27​, above​ its last closing price of $24.24. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2022  0.52        0.52       0.51      Missed  -1.7
 Dec. 31 2022  0.55        0.55       0.53      Missed  -3.4
 Sep. 30 2021  0.52        0.52       0.58      Beat    10.6​
 Jun. 30 2021  0.48        0.48       0.55      Beat    15.7
 ​​Mar.        0.52        0.52       0.69      Beat    33.4
 31 2021                                                
 Dec. 31 2020  0.52        0.54       0.52      Missed  -3.4​
 Sep. 30 2020  0.40        0.41       0.56      Beat    37.6
 Jun. 30 2020  0.27        0.26       0.47      Beat    81.8
 This summary was machine generated July 23 at 02:20 GMT.  All
figures in US dollars  unless otherwise stated