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

Renasant

26/04/2022 23:46

* Renasant Corp  RNST.OQ  reported quarterly adjusted
earnings of
60 cents​​ per share for the quarter ended in March. The mean
expectation of eight analysts for the quarter was for earnings
of 58 cents per share.
    * Revenue fell 28.1% to $137.09 million from a year ago; 
analysts
expected $143.61 million. 
    * Renasant Corp's reported EPS for the quarter was 60
cents​.
    * The mean earnings estimate of analysts had risen by
about 1.7%
in the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * Renasant Corp shares had fallen by 3.7% this quarter and
lost 15.1% so far this year.
    * The company reported quarterly net income of $33.55
million.
    * Wall Street's median 12-month price target for Renasant
Corp is
$39.00 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 7
"hold" and no "sell" or "strong sell." 

This summary was machine generated April 26 at 10:46 p.m.  ​All
figures in US dollars unless otherwise stated