Earnings Outlook For Midland States Bancorp
Portfolio Pulse from Benzinga Insights
Midland States Bancorp (NASDAQ:MSBI) is expected to release its quarterly earnings report on Thursday, 2024-01-25, with analysts estimating an EPS of $0.79. Investors are looking for an earnings beat and positive guidance for the next quarter. Historically, MSBI's stock price has shown mixed reactions to earnings reports. The stock was trading at $26.73 as of January 23, with a 1.98% increase over the last 52 weeks.
January 24, 2024 | 5:01 pm
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Midland States Bancorp is anticipated to release its earnings report with an expected EPS of $0.79. Historical data shows varied stock price reactions post-earnings. Shares are mildly up over the past year.
The expected EPS is a key indicator of the company's performance, and while an earnings beat could positively influence the stock price, historical performance shows that the stock may not necessarily move significantly post-earnings. The 1.98% year-over-year stock increase suggests a stable performance, but the actual impact will depend on whether the earnings beat expectations and the forward guidance provided.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100