Midland States Bancorp (MSBI) Lags Q1 Earnings Estimates

Midland States Bancorp (MSBI) came out with quarterly earnings of $0.53 per share, missing the Zacks Consensus Estimate of $0.71 per share. This compares to earnings of $0.88 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -25.35%. A quarter ago, it was expected that this company would post earnings of $0.79 per share when it actually produced earnings of $0.89, delivering a surprise of 12.66%.Over the last four quarters, the ...