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

First Busey

27/04/2022 24:32

* First Busey Corp  BUSE.OQ  reported quarterly adjusted
earnings
of 51 cents​​ per share for the quarter ended in March. The mean
expectation of seven analysts for the quarter was for earnings
of 52 cents per share.
    * Revenue rose 9.9% to $105.83 million from a year ago; 
analysts
expected $104.06 million. 
    * First Busey Corp's reported EPS for the quarter was 51
cents​.
    * The mean earnings estimate of analysts had risen by
about 1.1%
in the last three months.​ 
    * In the last 30 days there have been no negative revisions
of
earnings estimates 
    * First Busey Corp shares had fallen by 6.3% this
quarter and
lost 12.4% so far this year.
    * The company reported quarterly net income of $28.44
million.
    * Wall Street's median 12-month price target for First Busey
Corp
is $31.00 
    * 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 April 26 at 11:32 p.m.  ​All
figures in US dollars unless otherwise stated