Get ready to discover the eagerly anticipated third quarter financial results of First Merchants Corporation (NASDAQ: FRME) on Thursday 24th October 2024. This significant announcement is scheduled to take place before market open, giving investors and analysts a chance to gain valuable insights into the company's financial performance.
Financial analysts on Wall Street are predicting that the concern is expected to report an estimated per share $0.90 profit for the current quarter. Additionally, the company is anticipated to reveal a total revenue of $166.33 million during this period.
Wall street experts have shared their forecasts for the company's annual performance, indicating that they predict the company will achieve a total revenue of $656.06 million. Additionally, they are expecting the earnings per share for the company to hit profit of $3.29 during the fiscal year.
In comparison to the same quarter of the prior year, the company's financial statement showcased a per share of income of $0.94. This was credited to the company's total revenue, which reached an impressive $161.23 million in that particular timeframe.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Historical Earnings Insight | ||||
| Q2 2024 | $0.68 | -33.3% | 159.91 M | -2.6% |
| Q1 2024 | $0.85 | -20.6% | 153.70 M | -9.1% |
| Q4 2023 | $0.87 | -26.9% | 156.51 M | -9.6% |
| Q3 2023 | $0.94 | -16.1% | 161.23 M | -5.1% |
| Q2 2023 | $1.02 | +1.0% | 164.15 M | +4.6% |
| *Growth on year-over-year basis | ||||
FRME has scheduled a conference call on 24th October 2024 at 11:30 AM eastern time to discuss the third quarter financial results and other related information.
First Merchants Corporation (FRME) closed Tuesday's regular trading session at $37.35, indicating a 0.08 percent drop. During the day, FRME shares traded between $37.14 and $37.54, with a day volume of 198.70 thousand shares.
