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

Renasant

25/10/2022 23:48

* Renasant Corp  RNST.OQ  reported quarterly adjusted
earnings of
79 cents​​ per share for the quarter ended in September. The
mean expectation of eight analysts for the quarter was
for earnings of 77 cents per share.
    * Revenue rose 11.3% to $171.50 million from a year ago;
analysts
expected $158.53 million. 
    * Renasant Corp's reported EPS for the quarter was 83
cents​.
    * The mean earnings estimate of analysts had risen by
about 6.7%
in the last three months.​ 
    * In the last 30 days two analysts negatively revised
earnings
estimates 
    * Renasant Corp shares had risen by 11.9% this quarter and
lost 7.8% so far this year.
    * The company reported quarterly net income of $46.57
million.
    * Wall Street's median 12-month price target for Renasant
Corp is
$37.00 
    * 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." 

This summary was machine generated from Refinitiv data October
25 at 10:48 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2022      0.77           0.79           Beat
 Jun. 30 2022      0.64           0.72           Beat
 Mar. 31 2022      0.58           0.60           Beat
 Dec. 31 2021      0.64           0.68           Beat