Midland States Bancorp Inc reports results for the quarter ended in December - Earnings Summary

Midland States Bancorp

26/01/2023 22:44

* Midland States Bancorp Inc  MSBI.OQ  reported quarterly
adjusted
earnings of $1.30​​ per share for the quarter ended in December.
The mean expectation of five analysts for the quarter was
for earnings of 92 cents per share.
    * Revenue rose 26.8% to $97.39 million from a year ago;
analysts
expected $81.93 million. 
    * Midland States Bancorp Inc's reported EPS for the quarter
was
$1.30​.
    * The mean earnings estimate of analysts had fallen by
about 1.1%
in the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * Midland States Bancorp Inc shares had fallen by 0.1% this
quarter.
    * The company reported quarterly net income of $29.7
million.
    * Wall Street's median 12-month price target for Midland
States
Bancorp Inc is $30.00 
    * 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." 

This summary was machine generated from Refinitiv data January
26 at 10:44 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      0.92           1.30           Beat
 Sep. 30 2022      1.01           1.04           Beat
 Jun. 30 2022      0.93           0.97           Beat
 Mar. 31 2022      0.86           0.92           Beat