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Stock impact report

First Merchants (FRME) Reports Q4: Everything You Need To Know Ahead Of Earnings [Yahoo! Finance]

First Merchants Corporation (FRME) 
Last first merchants corporation earnings: 4/23 08:00 am Check Earnings Report
Company Research Source: Yahoo! Finance
First Merchants met analysts' revenue expectations last quarter, reporting revenues of $172.4 million, flat year on year. It was a slower quarter for the company, with a significant miss of analysts' net interest income estimates and a narrow beat of analysts' EPS estimates. Is First Merchants a buy or sell going into earnings? Read our full analysis here, it's free for active Edge members This quarter, analysts are expecting First Merchants's revenue to decline 11% year on year to $173.1 million, a reversal from the 18.1% increase it recorded in the same quarter last year. Adjusted earnings are expected to come in at $0.95 per share. Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. First Merchants has missed Wall Street's revenue estimates five times over the last two years. Looking at First Merchants's peers in the regional banks segment, some hav Show less Read more
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