Renasant Corp expected to post earnings of 75  cents a share - Earnings Preview

Renasant

22/07/2023 24:59

* Renasant Corp  RNST.OQ   RNST.O  is expected to show a
rise in
quarterly revenue when it reports  results on July 25. 
    * The Tupelo Mississippi-based  company is expected to
report  a
19.7% increase in revenue to $171.174 million from $143.03
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 75 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 6
"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
$30​, above​ its last closing price of $29.54. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2023  0.80        0.81       0.82      Beat    1.8
 Dec. 31 2023  0.88        0.87       0.89      Beat    1.9
 Sep. 30 2022  0.78        0.77       0.79      Beat    2​
 Jun. 30 2022  0.64        0.64       0.72      Beat    12.8
 ​​Mar.        0.58        0.58       0.60      Beat    4.3
 31 2022                                                
 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
 This summary was machine generated July 21 at 23:59 GMT.  All
figures in US dollars  unless otherwise stated