First Mid Bancshares Inc reports results for the quarter ended in June - Earnings Summary

First Mid Bancshares

27/07/2023 15:26

* First Mid Bancshares Inc  FMBH.OQ  reported quarterly
adjusted
earnings of 80 cents​​ per share for the quarter ended in June.
The mean expectation of five analysts for the quarter was
for earnings of 73 cents per share.
    * Revenue fell 9.5% to $42.37 million from a year ago;
analysts
expected $42.37 million. 
    * First Mid Bancshares Inc's reported EPS for the quarter
was 80
cents​.
    * The mean earnings estimate of analysts had fallen by
about 11.1%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate 
    * First Mid Bancshares Inc shares had risen by 23.9% this
quarter and lost 6.8% so far this year.
    * The company reported quarterly net income of $16.57
million.
    * Wall Street's median 12-month price target for First Mid
Bancshares Inc is $31.50 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data July
27 at 02:26 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      0.73           0.80           Beat
 Mar. 31 2023      0.86           0.93           Beat
 Dec. 31 2022      0.95           1.01           Beat
 Sep. 30 2022      0.94           0.88           Missed