Renasant (RNST) Surpasses Q1 Earnings and Revenue Estimates

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 earnings call. Renasant shares have lost about 21.9% since the beginning of the year versus the S&P 500's decline of -12.3%. Renasant (RNST) came out with quarterly earnings of $0.66 per share, beating the Zacks Consensus Estimate of $0.60 per share. This compares to earnings of $0.65 per share a year ago. These figures are ad ...