Renasant Corporation (NASDAQ: RNST) has announced that it will be unveiling its third quarter financial results on Tuesday 22nd October 2024. This eagerly anticipated announcement is scheduled to occur after market close, ensuring that investors and analysts have the opportunity to gain valuable insights into the company's performance during the quarter.
the organization is poised to announce an estimated $0.63 profit per share for the quarter, as predicted by financial experts on Wall Street. Additionally, the firm is expected to reveal a total revenue of $173.48 million for this period.
According to the Wall Street analysts projections, the company is expected to generate a total revenue of $671.01 million for the fiscal year. Additionally, these analysts anticipate that the company will report profit of $2.52 per share during the same period.
The company's earnings report for the corresponding quarter of the previous year showcased a per-share income of $0.75. This figure was a result of the company's total revenue, which reached an impressive $166.21 million million during that specific period.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Historical Earnings Insight | ||||
| Q2 2024 | $0.69 | -16.9% | 163.79 M | +11.1% |
| Q1 2024 | $0.65 | -20.7% | 164.67 M | -4.9% |
| Q4 2023 | $0.76 | -14.6% | 146.31 M | -14.6% |
| Q3 2023 | $0.75 | -5.1% | 166.21 M | -3.1% |
| Q2 2023 | $0.83 | +15.3% | 147.44 M | -2.2% |
| *Growth on year-over-year basis | ||||
Additionally, The company will host a conference call with investors and analysts on 23rd October 2024 at 10:00 AM eastern time to review the Q3 2024 financial results.
Friday's trading saw Renasant (RNST) shares hit a low of $33.56 and a high of $34.23, with a day volume of 308.80 thousand shares. The stock closed the regular trading session at $33.67, reflecting 1.58 percent fall.
