Midland States Bancorp (NASDAQ: MSBI) has announced that it will be unveiling its third quarter financial results on Thursday 24th October 2024. This eagerly anticipated announcement is scheduled to occur after market close, ensuring that investors and analysts have the opportunity to gain valuable insights into the company's performance during the quarter.
Wall Street financial experts are forecasting that the enterprise will announce an expected $0.64 profit per share for the quarter. Moreover, the firm is anticipated to disclose a total revenue of $73.07 million for this specific period.
Wall Street analysts have shared their forecasts for the company's annual performance, predicting a total revenue of $296.31 million. Additionally, they expect the company to post profit of $2 per share for the fiscal year.
When examining the corresponding quarter from the previous year, the company's earnings report highlighted a per-share income of $0.78. This results was derived from the company's total revenue, which reached an impressive $76.78 million during same quarter.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Historical Earnings Insight | ||||
| Q2 2024 | $0.20 | -77.0% | 72.71 M | -6.3% |
| Q1 2024 | $0.53 | -39.8% | 77.11 M | +1.1% |
| Q4 2023 | $0.89 | +4.7% | 78.59 M | -19.3% |
| Q3 2023 | $0.78 | -25.0% | 76.78 M | -3.8% |
| Q2 2023 | $0.87 | -11.2% | 77.59 M | +2.2% |
| *Growth on year-over-year basis | ||||
Throughout Tuesday's trading, Midland States Bancorp (MSBI) shares fluctuated between $22.91 and $23.12, with a trading volume of 45.30 thousand shares. The stock ended the regular trading session at $23.08, reflecting an upturn of 0.61 percent.
