MidWestOne (MOFG) Misses Q2 Earnings Estimates

Core Viewpoint - MidWestOne (MOFG) reported quarterly earnings of $0.49 per share, missing the Zacks Consensus Estimate of $0.77 per share, representing a -36.36% earnings surprise [1][2] Financial Performance - The company posted revenues of $60.23 million for the quarter ended June 2025, surpassing the Zacks Consensus Estimate by 1.48%, compared to year-ago revenues of $57.9 million [2] - Over the last four quarters, MidWestOne has surpassed consensus EPS estimates two times and topped consensus revenue estimates two times [2] Stock Performance - MidWestOne shares have increased by approximately 2.5% since the beginning of the year, while the S&P 500 has gained 8.1% [3] - The current status of estimate revisions translates into a Zacks Rank 3 (Hold) for the stock, indicating expected performance in line with the market in the near future [6] Future Outlook - The current consensus EPS estimate for the coming quarter is $0.83 on revenues of $61.35 million, and for the current fiscal year, it is $3.19 on revenues of $241.05 million [7] - The outlook for the industry, specifically the Banks - Midwest sector, is currently in the top 29% of over 250 Zacks industries, suggesting a favorable environment for stock performance [8]