First Merchants (NASDAQ:FRME) reported its Q1 earnings results on Tuesday, April 26, 2022 at 08:00 AM.
Here's what investors need to know about the announcement.
Earnings
First Merchants beat estimated earnings by 4.6%, reporting an EPS of $0.91 versus an estimate of $0.87.
Revenue was up $3.66 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.04 which was followed by a 3.13% increase in the share price the next day.
Here's a look at First Merchants's past performance:
| Quarter | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
|---|---|---|---|---|
| EPS Estimate | 0.93 | 0.91 | 0.92 | 0.76 |
| EPS Actual | 0.89 | 0.98 | 1.03 | 0.91 |
| Revenue Estimate | 136.45M | 133.91M | 131.71M | 129.94M |
| Revenue Actual | 127.12M | 133.22M | 135.15M | 124.52M |
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.
