First Merchants (FRME) Surpasses Q2 Earnings Estimates

This quarterly report represents an earnings surprise of +4.26%. A quarter ago, it was expected that this bank would post earnings of $0.91 per share when it actually produced earnings of $0.94, delivering a surprise of +3.3%. Over the last four quarters, the company has surpassed consensus EPS estimates four times. First Merchants (FRME) came out with quarterly earnings of $0.98 per share, beating the Zacks Consensus Estimate of $0.94 per share. This compares to earnings of $0.68 per share a year ago. Thes ...