First Merchants (NASDAQ: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.
