Uncovering Potential: Midland States Bancorp's Earnings Preview
Portfolio Pulse from Benzinga Insights
Midland States Bancorp (NASDAQ:MSBI) is set to announce its quarterly earnings on October 24, 2024. Analysts expect an EPS of $0.64. Investors are keen on the earnings and guidance, especially after a previous EPS miss led to a significant stock drop.
October 23, 2024 | 7:02 pm
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Midland States Bancorp is expected to announce its earnings with an EPS estimate of $0.64. Investors are focused on whether the company will surpass estimates and provide positive guidance, especially after a previous earnings miss led to a stock price drop.
The upcoming earnings announcement is crucial for MSBI as the previous quarter's EPS miss led to a significant stock price drop. Investors are particularly interested in whether the company will meet or exceed the EPS estimate of $0.64 and what guidance will be provided for the next quarter. The stock's past performance shows sensitivity to earnings results, making this announcement important for short-term price movements.
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