First Busey (BUSE) Q2 Earnings and Revenues Top Estimates

Group 1 - First Busey reported quarterly earnings of $0.63 per share, exceeding the Zacks Consensus Estimate of $0.61 per share, and up from $0.50 per share a year ago, representing an earnings surprise of +3.28% [1] - The company posted revenues of $198.05 million for the quarter ended June 2025, surpassing the Zacks Consensus Estimate by 3.10%, compared to year-ago revenues of $116.24 million [2] - First Busey has surpassed consensus EPS estimates four times over the last four quarters and topped consensus revenue estimates three times during the same period [2] Group 2 - The stock's immediate price movement will depend on management's commentary during the earnings call and the sustainability of earnings expectations [3][4] - First Busey shares have increased by approximately 2.4% since the beginning of the year, while the S&P 500 has gained 7.2% [3] - The current consensus EPS estimate for the upcoming quarter is $0.62 on revenues of $195.9 million, and for the current fiscal year, it is $2.49 on revenues of $728.85 million [7] Group 3 - The Zacks Industry Rank for Banks - Midwest is currently in the top 31% of over 250 Zacks industries, indicating a favorable outlook compared to the bottom 50% [8] - Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can be tracked by investors [5] - The estimate revisions trend for First Busey was unfavorable ahead of the earnings release, resulting in a Zacks Rank 4 (Sell) for the stock, indicating expected underperformance in the near future [6]