First Busey Corp reports results for the quarter ended in June - Earnings Summary

First Busey

27/07/2022 24:00

* First Busey Corp  BUSE.OQ  reported quarterly adjusted
earnings
of 53 cents​​ per share for the quarter ended in June. The mean
expectation of seven analysts for the quarter was for earnings
of 57 cents per share.
    * Revenue rose 9.6% to $106.95 million from a year ago;
analysts
expected $108.61 million. 
    * First Busey Corp's reported EPS for the quarter was 53
cents​.
    * The mean earnings estimate of analysts had risen by
about 7% in
the last three months.​ 
    * In the last 30 days there have been no negative revisions
of
earnings estimates 
    * First Busey Corp shares had risen by 8.6% this quarter and
lost 8.5% so far this year.
    * The company reported quarterly net income of $29.82
million.
    * Wall Street's median 12-month price target for First Busey
Corp
is $27.00 
    * 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." 

This summary was machine generated from Refinitiv data July 26
at 11:00 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2022      0.57           0.53           Missed
 Mar. 31 2022      0.52           0.51           Missed
 Dec. 31 2021      0.55           0.53           Missed
 Sep. 30 2021      0.52           0.58           Beat