Renasant (RNST) Q4 Earnings and Revenues Beat Estimates

Group 1: Earnings Performance - Renasant reported quarterly earnings of $0.73 per share, exceeding the Zacks Consensus Estimate of$ 0.61 per share, but down from $0.76 per share a year ago, representing an earnings surprise of 19.67% [1] - The company has surpassed consensus EPS estimates for the last four quarters [2] - Renasant's revenues for the quarter ended December 2024 were$ 167.1 million, surpassing the Zacks Consensus Estimate by 1.05%, compared to $146.31 million in the same quarter last year [2] Group 2: Stock Performance and Outlook - Renasant shares have increased by approximately 4.6% since the beginning of the year, outperforming the S&P 500's gain of 2.2% [3] - The company's earnings outlook is crucial for investors, as it includes current consensus earnings expectations for upcoming quarters and any recent changes to these expectations [4] - The current consensus EPS estimate for the upcoming quarter is$ 0.55 on revenues of $163.1 million, and for the current fiscal year, it is$ 2.49 on revenues of $846.5 million [7] Group 3: Industry Context - The Zacks Industry Rank indicates that the Banks - Southeast industry is currently in the top 15% of over 250 Zacks industries, suggesting a favorable environment for stocks in this sector [8] - Another company in the same industry, First Bancorp, is expected to report quarterly earnings of$ 0.72 per share, with revenues projected to be $102 million, reflecting a 5.1% increase from the previous year [9]