Recap: First Merchants Q3 Earnings

First Merchants FRME reported its Q3 earnings results on Tuesday, October 25, 2022 at 08:00 AM.

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

Earnings

First Merchants beat estimated earnings by 2.75%, reporting an EPS of $1.12 versus an estimate of $1.09.

Revenue was up $30.12 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.2 which was followed by a 1.87% increase in the share price the next day.

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

 

Quarter Q2 2022 Q1 2022 Q4 2021 Q3 2021
EPS Estimate 0.81 0.87 0.93 0.91
EPS Actual 1.01 0.88 0.89 0.98
Revenue Estimate 155.42M 133.52M 136.45M 133.91M
Revenue Actual 156.94M 128.18M 127.12M 133.22M

To track all earnings releases for First Merchants visit their earnings calendar here.

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

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