Renasant Corp reports results for the quarter ended in December - Earnings Summary

Renasant

24/01/2023 22:40

* Renasant Corp  RNST.OQ  reported quarterly adjusted
earnings of
89 cents​​ per share for the quarter ended in December. The mean
expectation of eight analysts for the quarter was for earnings
of 87 cents per share.
    * Revenue rose 14.9% to $171.23 million from a year ago;
analysts
expected $173.58 million. 
    * Renasant Corp's reported EPS for the quarter was 82
cents​.
    * The mean earnings estimate of analysts had risen by
about 9% in
the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Renasant Corp shares had fallen by 4.1% this quarter.
    * The company reported quarterly net income of $46.28
million.
    * Wall Street's median 12-month price target for Renasant
Corp is
$41.50 
    * 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." 

This summary was machine generated from Refinitiv data January
24 at 10:40 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      0.87           0.89           Beat
 Sep. 30 2022      0.77           0.79           Beat
 Jun. 30 2022      0.64           0.72           Beat
 Mar. 31 2022      0.58           0.60           Beat