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

First Merchants

27/10/2021 08:29

* First Merchants Corp  FRME.OQ  reported quarterly adjusted
earnings of 98 cents​​ per share for the quarter ended in
September. The mean expectation of six analysts for the quarter
was for earnings of 91 cents per share.
* Revenue rose 11.9% to $133.22 million from a year ago; 
analysts expected $133.91 million. 
* First Merchants Corp's reported EPS for the quarter was 98
cents​.
* The mean earnings estimate of analysts had risen by about 0.1%
in the last three months.​ 
* In the last 30 days there have been no negative revisions of
earnings estimates 
* First Merchants Corp shares had risen by 3.5% this quarter and
gained 15.8% so far this year.
* The company reported quarterly net income of $52.77 million.
* Wall Street's median 12-month price target for First Merchants
Corp is $48.50 
* 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 October 27 at 07:29 a.m.
 ​All figures in US dollars unless otherwise stated