Midland States Bancorp (MSBI) Reports Q4 Loss, Tops Revenue Estimates

Midland States Bancorp (MSBI) came out with a quarterly loss of $2.52 per share versus the Zacks Consensus Estimate of $0.70. This compares to earnings of $0.89 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -460%. A quarter ago, it was expected that this company would post earnings of $0.63 per share when it actually produced earnings of $0.74, delivering a surprise of 17.46%.Over the last four quarters, the company has surp ...