Midland States Bancorp Inc expected to post earnings of 93  cents a share - Earnings Preview

Midland States Bancorp

27/07/2022 03:03

* Midland States Bancorp Inc  MSBI.OQ   MSBI.O  is expected
to show a rise in quarterly revenue when it reports  results on
July 28. 
    * The Effingham Illinois-based  company is expected to
report  a
11.9% increase in revenue to $75.553 million from $67.53 million
a year ago, according to the mean estimate from 4 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Midland States
Bancorp
Inc is for earnings of 93 cents per share. For the same quarter
last year, the company reported earnings of 59 cents per share.
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 4
"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 $28.5​, above​ its last closing price of $26.46.
​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2022  0.85        0.86       0.92      Beat    7.4
 Dec. 31 2022  0.87        0.88       1.02      Beat    16.6
 Sep. 30 2021  0.82        0.84       0.86      Beat    2.6​
 Jun. 30 2021  0.96        0.94       0.59      Missed  -37.1
 ​​Mar.        0.83        0.84       0.82      Missed  -2.7
 31 2021                                                
 Dec. 31 2020  0.62        0.62       0.54      Missed  -12.6​
 Sep. 30 2020  0.24        0.30       0.37      Beat    23.3
 Jun. 30 2020  0.35        0.27       0.55      Beat    106.4
 This summary was machine generated July 27 at 02:03 GMT.  All
figures in US dollars  unless otherwise stated