Core Viewpoint - Midland States Bancorp reported quarterly earnings of $0.24 per share, significantly missing the Zacks Consensus Estimate of $0.61 per share, and down from $0.74 per share a year ago, indicating a -60.66% earnings surprise [1][2] Financial Performance - The company posted revenues of $81.13 million for the quarter ended September 2025, surpassing the Zacks Consensus Estimate by 1.73%, and up from $74.29 million year-over-year [2] - Over the last four quarters, Midland States Bancorp has exceeded consensus revenue estimates four times [2] Stock Performance - Shares of Midland States Bancorp have declined approximately 33.8% since the beginning of the year, contrasting with the S&P 500's gain of 17.2% [3] - The current Zacks Rank for the stock is 3 (Hold), indicating expected performance in line with the market in the near future [6] Earnings Outlook - The consensus EPS estimate for the upcoming quarter is $0.67 on revenues of $80.45 million, and for the current fiscal year, it is $2.17 on revenues of $318.9 million [7] - The trend of estimate revisions for Midland States Bancorp was mixed prior to the earnings release, which may change following the recent report [6] Industry Context - The Zacks Industry Rank for Banks - Northeast is currently in the top 14% of over 250 Zacks industries, suggesting a favorable outlook for the sector [8]

Group 1: Earnings Performance - Federal Agricultural Mortgage (Farmer Mac) reported quarterly earnings of $4.32 per share, exceeding the Zacks Consensus Estimate of $4.29 per share, and up from $3.63 per share a year ago, representing an earnings surprise of +0.70% [1] - The company posted revenues of $100.51 million for the quarter ended June 2025, surpassing the Zacks Consensus Estimate by 4.11%, compared to year-ago revenues of $89.87 million [2] - Over the last four quarters, Farmer Mac has surpassed consensus EPS estimates two times and topped consensus revenue estimates three times [2] Group 2: Stock Performance and Outlook - Farmer Mac shares have declined approximately 12.3% since the beginning of the year, while the S&P 500 has gained 7.9% [3] - The company's earnings outlook is crucial for investors, as it includes current consensus earnings expectations for upcoming quarters and any recent changes to these expectations [4] - The current consensus EPS estimate for the coming quarter is $4.40 on revenues of $98.12 million, and for the current fiscal year, it is $17.30 on revenues of $391.66 million [7] Group 3: Industry Context - The Zacks Industry Rank indicates that the Financial - Mortgage & Related Services sector is currently in the bottom 9% of over 250 Zacks industries, suggesting potential challenges for stocks in this category [8] - Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can be tracked by investors or through tools like the Zacks Rank [5][6]