First Busey Q2 EPS $0.52 Misses $0.55 Estimate
Portfolio Pulse from Benzinga Newsdesk
First Busey (NASDAQ:BUSE) reported Q2 earnings of $0.52 per share, missing the analyst consensus estimate of $0.55 by 5.45 percent. This represents a 3.7 percent decrease from the same period last year.
July 25, 2023 | 9:02 pm
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First Busey's Q2 earnings missed the analyst consensus estimate by 5.45 percent, indicating a potential negative impact on the stock.
Earnings reports are a significant factor in a company's stock performance. First Busey's missed earnings estimate could lead to a decrease in investor confidence, potentially driving the stock price down in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100