Renasant Corp expected to post earnings of 87cents a share - Earnings Preview

Renasant

20/01/2023 21:14

* Renasant Corp  RNST.OQ   RNST.O  is expected to show a
rise in
quarterly revenue when it reports  results on January 24. 
    * The Tupelo Mississippi-based  company is expected to
report  a
16.4% increase in revenue to $173.579 million from $149.06
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 87 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 5
"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
$41.5​, above​ its last closing price of $35.47. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Sep. 30 2022  0.78        0.77       0.79      Beat    2
 Jun. 30 2022  0.64        0.64       0.72      Beat    12.8
 Mar. 31 2022  0.58        0.58       0.60      Beat    4.3​
 Dec. 31 2021  0.64        0.64       0.68      Beat    6.7
 ​​Sep.        0.65        0.66       0.71      Beat    7.3
 30 2021                                                
 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
 This summary was machine generated January 20 at 21:14 GMT.  All
figures in US dollars  unless otherwise stated