Midland States Bancorp Inc expected to post earnings of 70 cents a share - Earnings Preview

Midland States Bancorp

23/07/2024 22:21

* Midland States Bancorp Inc  MSBI.OQ   MSBI.O  is expected
to show a fall in quarterly revenue when it reports  results on
July 25 for the period ending June 30 2024
    * The Effingham Illinois-based  company is expected to
report a
3.6% decrease in revenue to $74.815 million from $77.59 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 70 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 $25.25​, below​ its last closing price of $25.42.
​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Mar. 31 2024  0.73        0.73       0.53      Missed  -27.1
 Dec. 31 2024  0.79        0.79       0.84      Beat    5.9
 Jan. 1 0001   0.77        0.77       0.41      Missed  -46.8​
 Jun. 30 2023  0.80        0.80       0.87      Beat    8.9
 ​​Jan.        0.83        0.82       0.88      Beat    7.3
 1 0001                                                 
 Dec. 31 2022  0.93        0.92       1.30      Beat    40.6​
 Sep. 30 2022  1.00        1.01       1.04      Beat    3.1
 Jan. 1 0001   0.94        0.93       0.97      Beat    4
 This summary was machine generated July 23 at 21:21 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)