Recap: First Merchants Q4 Earnings

Recap: First Merchants Q4 Earnings

 

First Merchants FRME reported its Q4 earnings results on Thursday, January 27, 2022 at 08:00 AM.

Here's what investors need to know about the announcement.

Earnings

First Merchants missed estimated earnings by 4.3%, reporting an EPS of $0.89 versus an estimate of $0.93, which did not surprise analysts.

Revenue was up $2.67 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.07, which was followed by a 5.03% drop in the share price the next day.

Here's a look at First Merchants's past performance:

 

Quarter Q3 2021 Q2 2021 Q1 2021 Q4 2020
EPS Estimate 0.91 0.92 0.76 0.66
EPS Actual 0.98 1.03 0.91 0.83
Revenue Estimate 133.91M 131.71M 129.94M 123.38M
Revenue Actual 133.22M 135.15M 124.52M 129.79M

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This article was generated by Benzinga's automated content engine and reviewed by an editor.

Posted In: BZI-RecapsEarningsNews