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

First Busey

26/10/2022 24:00

* First Busey Corp  BUSE.OQ  reported quarterly adjusted
earnings
of 64 cents​​ per share for the quarter ended in September. The
mean expectation of six analysts for the quarter was
for earnings of 64 cents per share.
    * Revenue rose 12.7% to $117.24 million from a year ago;
analysts
expected $115.62 million. 
    * First Busey Corp's reported EPS for the quarter was 64
cents​.
    * The mean earnings estimate of analysts had risen by
about 8.4%
in the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * First Busey Corp shares had risen by 9.4% this quarter and
lost 11.4% so far this year.
    * The company reported quarterly net income of $35.66
million.
    * Wall Street's median 12-month price target for First Busey
Corp
is $28.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data October
25 at 11:00 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2022      0.64           0.64           Met
 Jun. 30 2022      0.57           0.53           Missed
 Mar. 31 2022      0.52           0.51           Missed
 Dec. 31 2021      0.55           0.53           Missed