First Busey BUSE is gearing up to announce its quarterly earnings on Tuesday, 2024-10-22. Here’s a quick overview of what investors should know before the release.

Analysts are estimating that First Busey will report an earnings per share (EPS) of $0.54.

The market awaits First Busey’s announcement, with hopes high for news of surpassing estimates and providing upbeat guidance for the next quarter.

It’s important for new investors to understand that guidance can be a significant driver of stock prices.

Historical Earnings Performance

In the previous earnings release, the company beat EPS by $0.01, leading to a 3.18% drop in the share price the following trading session.

Here’s a look at First Busey’s past performance and the resulting price change:

Performance of First Busey Shares

Shares of First Busey were trading at $26.0 as of October 18. Over the last 52-week period, shares are up 34.48%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.

To track all earnings releases for First Busey visit their earnings calendar on our site.

This article was generated by Benzinga’s automated content engine and reviewed by an editor.