Renasant Corp reports results for the quarter ended June 30 - Earnings Summary

Renasant

22/07/2025 22:38

Renasant Corp RNST.N reported quarterly adjusted earnings of 69 cents​​ per share for the quarter ended June 30, identical to the same quarter last year.  The mean expectation of six analysts for the quarter was for earnings of 63 cents per share. Wall Street expected results to range from 12 cents to 79 cents per share.

Revenue rose 63.1% to $267.19 million from a year ago; analysts expected $263.97 million.

Renasant Corp's reported EPS for the quarter was 1 cent​.

The company reported quarterly net income of $1.02 million.

Renasant Corp shares had risen by 7.0% this quarter and gained 7.6% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had risen by about 34% in the last three months.​

In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "strong buy" or "buy," 2 "hold" and no "sell" or "strong sell." The average consensus recommendation for the banks peer group is also "buy"

Wall Street's median 12-month price target for Renasant Corp is $41.00, about 7.2% above its last closing price of $38.03

This summary was machine generated from LSEG data July 22 at 09:38 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

QUARTER ENDING
ESTIMATE
ACTUAL
BEAT, MET, MISSED
Jun. 30 2025
0.63
0.69
Beat
Mar. 31 2025
0.62
0.66
Beat
Dec. 31 2024
0.61
0.73
Beat
Sep. 30 2024
0.63
0.70
Beat