First Mid Bancshares Inc reports results for the quarter ended in September 30 - Earnings Summary

First Mid Bancshares

01/11/2024 03:48

* First Mid Bancshares Inc  FMBH.OQ  reported quarterly
adjusted
earnings of 81 cents​​ per share for the quarter ended September
30, higher than the same quarter last year, when the company
reported EPS of 53 cents.  The mean expectation of
seven analysts for the quarter was for earnings of 84 cents per
share. Wall Street expected results to range from 79 cents to 86
cents per share.
    * Revenue rose 14.1% to $57.54 million from a year ago;
analysts
expected $58.39 million. 
    * First Mid Bancshares Inc's reported EPS for the quarter
was 81
cents​.
    * The company reported quarterly net income of $19.48
million.
    * First Mid Bancshares Inc shares had risen by 0.4% this
quarter and gained 12.8% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 0.9%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the banks peer
group is
also "buy"

Wall Street's median 12-month price target for First Mid
Bancshares Inc is 43.00 
This summary was machine generated from LSEG data November 1 at
03:47 a.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2024      0.84           0.81           Missed
 Jun. 30 2024      0.79           0.82           Beat
 Mar. 31 2024      0.85           0.86           Beat
 Dec. 31 2023      0.84           0.76           Missed