Renasant RNST is set to give its latest quarterly earnings report on Tuesday, 2024-10-22. Here's what investors need to know before the announcement.
Analysts estimate that Renasant will report an earnings per share (EPS) of $0.63.
The announcement from Renasant is eagerly anticipated, with investors seeking news of surpassing estimates and favorable guidance for the next quarter.
It's worth noting for new investors that guidance can be a key determinant of stock price movements.
Overview of Past Earnings
During the last quarter, the company reported an EPS beat by $0.03, leading to a 2.15% drop in the share price on the subsequent day.
Here's a look at Renasant's past performance and the resulting price change:
Quarter | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
---|---|---|---|---|
EPS Estimate | 0.66 | 0.62 | 0.64 | 0.69 |
EPS Actual | 0.69 | 0.65 | 0.76 | 0.75 |
Price Change % | -2.0% | 0.0% | 1.0% | 3.0% |
Renasant Share Price Analysis
Shares of Renasant were trading at $33.67 as of October 18. Over the last 52-week period, shares are up 37.02%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.
To track all earnings releases for Renasant visit their earnings calendar on our site.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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