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

First Busey

25/10/2023 24:08

* First Busey Corp  BUSE.OQ  reported quarterly adjusted
earnings
of 54 cents​​ per share for the quarter ended in September. The
mean expectation of six analysts for the quarter was
for earnings of 51 cents per share.
    * Revenue fell 20.1% to $93.62 million from a year ago;
analysts
expected $108.03 million. 
    * First Busey Corp's reported EPS for the quarter was 54
cents​.
    * The mean earnings estimate of analysts had fallen by
about 4.4%
in the last three months.​ 
    * In the last 30 days, two analysts negatively revised
earnings
estimates 
    * First Busey Corp shares had fallen by 1.3% this
quarter and
lost 23.3% so far this year.
    * The company reported quarterly net income of $30.67
million.
    * Wall Street's median 12-month price target for First Busey
Corp
is $23.50 
    * 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 LSEG Refinitiv data
October 24 at 11:08 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2023      0.51           0.54           Beat
 Jun. 30 2023      0.56           0.52           Missed
 Mar. 31 2023      0.64           0.65           Beat
 Dec. 31 2022      0.73           0.64           Missed