First Busey Corp reports results for the quarter ended December 31 - Earnings Summary

First Busey

28/01/2025 22:40

* First Busey Corp  BUSE.OQ  reported quarterly adjusted
earnings
of 53 cents​​ per share for the quarter ended December 31,
higher than the same quarter last year, when the company
reported EPS of 46 cents.  The mean expectation of six analysts
for the quarter was for earnings of 51 cents per share. Wall
Street expected results to range from 49 cents to 52 cents per
share.
    * Revenue rose 25.5% to $116.80 million from a year ago;
analysts
expected $116.45 million. 
    * First Busey Corp's reported EPS for the quarter was 49
cents​.
    * The company reported quarterly net income of $28.11
million.
    * First Busey Corp shares had fallen by 0.2% this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 0.1%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the banks peer
group is
also "buy"

Wall Street's median 12-month price target for First Busey Corp
is $29.50 
This summary was machine generated from LSEG data January 28 at
10:40 p.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2024      0.51           0.53           Beat
 Sep. 30 2024      0.54           0.58           Beat
 Jun. 30 2024      0.50           0.50           Met
 Mar. 31 2024      0.49           0.46           Missed