A Preview Of First Midwest Bancorp's Earnings

On Monday, First Midwest Bancorp FMBI will release its latest earnings report.

Earnings and Revenue

Analysts predict First Midwest Bancorp will report earnings of 36 cents per share on revenue of $163.3 million.

In the same quarter last year, First Midwest Bancorp announced EPS of 32 cents per share on revenue of $127 million. If the company were to match the current consensus estimate when it reports Monday, EPS would be up 12.5 percent. Revenue would be up 28.10 percent on a year-over-year basis.

In comparison to analyst estimates in the past, here's how the company's reported EPS stacks up:

Q4 EPS Estimate: 36 cents per share
Q4 Revenues Estimate: $163 million

Stock Performance

Shares of First Midwest Bancorp were trading at $26.04 as of Jan. 29. Over the last 52-week period, shares are up 6.03 percent. Given that these returns are generally positive, long-term shareholders can be satisfied going into this earnings release.

Analyst estimates are adjusted higher for EPS and revenues over the past 90 days. Analysts seem to have settled on a Neutral rating with First Midwest Bancorp. The strength of this rating has maintained conviction over the past three months.