Midland States Bancorp Inc expected to post earnings of 94 cents a share - Earnings Preview

Midland States Bancorp

20/07/2021 21:08

* Midland States Bancorp Inc  MSBI.OQ   MSBI.O  is expected
to show a rise in quarterly revenue when it reports results on
July 22. 
* The Effingham, Illinois-based company is expected to report 
 a 0.1% increase in revenue to $68.426 million from $68.39
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 94 cents per share. For the same quarter
last year, the company reported earnings of 55 cents per share.
* The current average analyst rating on the shares is "buy" and
the breakdown of recommendations is 1 "strong buy" or "buy," 3
"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 $30.5​, about 19.4% above​ its last closing price
of $24.58. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 Mar. 31 2021  0.83        0.84       0.82      Missed  -2.7
 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
 Mar.          0.54​       0.55       0.06      Missed  -89​
 31​ 2020​                                              
 Dec. 31 2019  0.65        0.63       0.50      Missed  -20.6​
 Sep. 30 2019  0.65        0.64       0.51      Missed  -20.6
 Jun. 30 2019  0.64        0.65       0.67      Beat    3.1
 This summary was machine generated July 20 at 20:08 GMT.  All
figures in US dollars unless otherwise stated