Midland States Bancorp Inc expected to post earnings of 64 cents a share - Earnings Preview

Reuters10-23

* Midland States Bancorp Inc is expected to show a fall in quarterly revenue when it reports results on October 24 for the period ending September 30 2024

* The Effingham Illinois-based company is expected to report a 4.8% decrease in revenue to $73.068 million from $76.78 million a year ago, according to the mean estimate from 5 analysts, based on LSEG data. (Sales/Revenue Majority Basis is on Total Revenue)

* ​LSEG's mean analyst estimate for Midland States Bancorp Inc is for earnings of 64 cents per share.

* The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy," 5 "hold" and no "sell" or "strong sell."

* The mean earnings estimate of analysts was unchanged in the last three months. ​

* Wall Street's median 12-month price target for Midland States Bancorp Inc is $24.50​, above​ its last closing price of $23.08. ​​​

Previous quarterly performance (using preferred earnings measure in US dollars). ​

QUARTER STARMINESM LSEG IBES ACTUAL BEAT, SURPRI

ENDING ARTESTIMAT ESTIMATE MET, SE %

E® MISSED

Jun. 30 2024 0.70 0.70 0.20 Missed -71.4

Jan. 1 2024 0.73 0.73 0.53 Missed -27.1

Dec. 31 2023 0.79 0.79 0.84 Beat 5.9​

Sep. 30 2023 0.77 0.77 0.41 Missed -46.8

​​Jun. 0.80 0.80 0.87 Beat 8.9

30 2023

Mar. 31 2023 0.83 0.82 0.88 Beat 7.3​

Dec. 31 2022 0.93 0.92 1.30 Beat 40.6

Jan. 1 0001 1.00 1.01 1.04 Beat 3.1

This summary was machine generated October 23 at 03:58 GMT. 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)

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