First Midwest Bancorp (FMBI) Misses Q4 Earnings and Revenue Estimates

Published on 18 Jan 2022 on Zacks via Yahoo Finance

First Midwest Bancorp (FMBI) Misses Q4 Earnings and Revenue Estimates

First Midwest Bancorp (FMBI) came out with quarterly earnings of $0.41 per share, missing the Zacks Consensus Estimate of $0.44 per share. This compares to earnings of $0.43 per share a year ago. These figures are adjusted for non-recurring items.

This quarterly report represents an earnings surprise of -6.82%. A quarter ago, it was expected that this holding company for First Midwest Bank would post earnings of $0.43 per share when it actually produced earnings of $0.46, delivering a surprise of 6.98%.

Over the last four quarters, the company has surpassed consensus EPS estimates two times.

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