Midland States Bancorp (MSBI) Q2 Earnings and Revenues Lag Estimates

This quarterly report represents an earnings surprise of -72.22%. A quarter ago, it was expected that this company would post earnings of $0.71 per share when it actually produced earnings of $0.53, delivering a surprise of -25.35%. Over the last four quarters, the company has surpassed consensus EPS estimates two times. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earni ...