Renasant Corp expected to post earnings of 66 cents a share - Earnings Preview

Renasant

27/10/2021 11:13

* Renasant Corp  RNST.OQ   RNST.O  is expected to show a fall in
quarterly revenue when it reports results on October 28. 
* The Tupelo, Mississippi-based company is expected to report  a
11.9% decrease in revenue to $156.055 million from $177.21
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 66 cents per share. For the same quarter last year,
the company reported earnings of 53 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 $37​, about 3.3% below​ its last closing price of $38.22. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 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. 31 2020  0.61        0.59       0.70      Beat    17.9​
 Sep. 30 2020  0.52        0.51       0.53      Beat    4.4
 Jun.          0.31​       0.30       0.36      Beat    19.9​
 30​ 2020​                                              
 Mar. 31 2020  0.54        0.55       0.20      Missed  -63.3​
 Dec. 31 2019  0.66        0.66       0.67      Beat    1.9
 Sep. 30 2019  0.74        0.74       0.68      Missed  -8.3
 This summary was machine generated October 27 at 10:13 GMT.  All
figures in US dollars unless otherwise stated