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.

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.

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.