Renasant Corp expected to post earnings of 64 cents a share - Earnings Preview

Renasant

21/01/2022 22:58

* Renasant Corp  RNST.OQ   RNST.O  is expected to show a
fall in
quarterly revenue when it reports  results on January 25. 
    * The Tupelo Mississippi-based  company is expected to
report  a
12.4% decrease in revenue to $149.855 million from $170.99
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 64 cents per share. For the same quarter last year,
the company reported 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," 8
"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
$40​, about 4.3% above​ its last closing price of $38.30. ​​​
    * 

This summary was machine generated January 21 at 22:58 GMT.  All
figures in US dollars  unless otherwise stated