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First Merchants Q4 Adj EPS $1.19 Beats $1.16 Estimate, Sales $173.11M Miss $179.08M Estimate

Benzinga Real-time News ·  Jan 26, 2023 08:09

First Merchants (NASDAQ:FRME) reported adjusted quarterly earnings of $1.19 per share which beat the analyst consensus estimate of $1.16 by 2.59 percent. This is a 33.71 percent increase over earnings of $0.89 per share from the same period last year. The company reported quarterly sales of $173.11 million which missed the analyst consensus estimate of $179.08 million by 3.34 percent. This is a 36.18 percent increase over sales of $127.12 million the same period last year.

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