Renasant Corp expected to post earnings of 58  cents a share - Earnings Preview

Renasant

22/04/2022 22:01

* Renasant Corp  RNST.OQ   RNST.O  is expected to show a
fall in
quarterly revenue when it reports  results on April 26. 
    * The Tupelo Mississippi-based  company is expected to
report  a
24.7% decrease in revenue to $143.613 million from $190.69
million a year ago, according to the mean estimate from 7
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Renasant Corp is
for
earnings of 58 cents per share. For the same quarter last year,
the company reported earnings of 85 cents per share.
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 7
"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 Renasant
Corp is
$39​, above​ its last closing price of $32.83. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2021  0.64        0.64       0.68      Beat    6.7
 Sep. 30 2021  0.65        0.66       0.71      Beat    7.3
 Jun. 30 2021  0.79        0.78       0.72      Missed  -8.3​
 Mar. 31 2021  0.67        0.67       0.85      Beat    27.3
 ​​Dec.        0.61        0.59       0.70      Beat    17.9
 31 2020                                                
 Sep. 30 2020  0.52        0.51       0.53      Beat    4.4​
 Jun. 30 2020  0.31        0.30       0.36      Beat    19.9
 Mar. 31 2020  0.54        0.55       0.20      Missed  -63.3
 This summary was machine generated April 22 at 21:01 GMT.  All
figures in US dollars  unless otherwise stated