Midland States Bancorp Inc expected to post earnings of 68 cents a share - Earnings Preview

Midland States Bancorp

21/01/2025 21:07

* Midland States Bancorp Inc  MSBI.OQ   MSBI.O  is expected
to show a fall in quarterly revenue when it reports  results on
January 23 for the period ending December 31 2024
    * The Effingham Illinois-based  company is expected to
report a
6.4% decrease in revenue to $73.575 million from $78.59 million
a year ago, according to the mean estimate from 5 analysts,
based on LSEG data. (Sales/Revenue Majority Basis is on Total
Revenue)
    * ​LSEG's mean analyst estimate for Midland States Bancorp
Inc is
for earnings of 68 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 5
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Midland
States
Bancorp Inc is $28.25​, above​ its last closing price of $24.61.
​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2024  0.65        0.64       0.74      Beat    15.5
 Jun. 30 2024  0.70        0.70       0.20      Missed  -71.4
 Mar. 31 2024  0.73        0.73       0.53      Missed  -27.1​
 Dec. 31 2023  0.79        0.79       0.84      Beat    5.9
 ​​Sep.        0.77        0.77       0.41      Missed  -46.8
 30 2023                                                
 Jun. 30 2023  0.80        0.80       0.87      Beat    8.9​
 Mar. 31 2023  0.83        0.82       0.88      Beat    7.3
 Dec. 31 2022  0.93        0.92       1.30      Beat    40.6
 This summary was machine generated January 21 at 21:07 GMT.  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)