MainSource Financial Group (MSFG) Scheduled to Post Earnings on Tuesday

MainSource Financial Group (NASDAQ:MSFG) is set to post its quarterly earnings results on Tuesday, January 23rd. Analysts expect MainSource Financial Group to post earnings of $0.57 per share for the quarter.

MainSource Financial Group (NASDAQ:MSFG) last posted its quarterly earnings results on Wednesday, October 25th. The financial services provider reported $0.54 EPS for the quarter, missing the consensus estimate of $0.55 by ($0.01). MainSource Financial Group had a net margin of 21.86% and a return on equity of 10.65%. The business had revenue of $50.43 million during the quarter, compared to analysts’ expectations of $54.10 million. On average, analysts expect MainSource Financial Group to post $2 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Shares of MainSource Financial Group (MSFG) opened at $38.97 on Tuesday. The company has a debt-to-equity ratio of 1.20, a quick ratio of 0.92 and a current ratio of 0.93. MainSource Financial Group has a 12 month low of $30.82 and a 12 month high of $40.67. The stock has a market cap of $996.95, a PE ratio of 21.89 and a beta of 0.93.

MSFG has been the topic of several recent analyst reports. Keefe, Bruyette & Woods reissued a “hold” rating and set a $40.00 target price on shares of MainSource Financial Group in a research note on Wednesday, November 1st. BidaskClub lowered shares of MainSource Financial Group from a “buy” rating to a “hold” rating in a research note on Friday, December 22nd. Finally, Zacks Investment Research raised shares of MainSource Financial Group from a “hold” rating to a “strong-buy” rating and set a $43.00 target price on the stock in a research note on Saturday, December 30th.

ILLEGAL ACTIVITY WARNING: “MainSource Financial Group (MSFG) Scheduled to Post Earnings on Tuesday” was originally posted by TrueBlueTribune and is owned by of TrueBlueTribune. If you are viewing this report on another publication, it was stolen and republished in violation of U.S. and international trademark & copyright laws. The correct version of this report can be read at https://www.truebluetribune.com/2018/01/16/mainsource-financial-group-msfg-scheduled-to-post-earnings-on-tuesday.html.

About MainSource Financial Group

MainSource Financial Group, Inc is a bank holding company. The Company operates a banking subsidiary, MainSource Bank (the Bank), an Indiana state-chartered bank. Through the Bank, the Company offers a range of financial services, including accepting time and transaction deposits; making consumer, commercial, agribusiness and real estate mortgage loans; renting safe deposit facilities; providing personal and corporate trust services, and providing other corporate services, such as letters of credit and repurchase agreements.

Earnings History for MainSource Financial Group (NASDAQ:MSFG)

Receive News & Ratings for MainSource Financial Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for MainSource Financial Group and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply