First Busey surpasses Q1 earnings estimates, but revenues fall short, shares drop

From Nasdaq: 2025-04-22 18:30:00

First Busey (BUSE) reported earnings of $0.57 per share, beating estimates. This represents a 7.55% surprise and marks the fourth consecutive quarter of surpassing EPS expectations. Revenues were $124.95 million, missing estimates by 9.55%. Shares have dropped 15.6% this year. What’s next for First Busey?

Investors are looking at the company’s earnings outlook for clues. Estimates for the upcoming quarter are $0.62 per share on $193.68 million in revenues. The Zacks Rank for First Busey is currently #3 (Hold). The industry, Banks – Midwest, is in the top 13% of Zacks industries. How will this impact the stock’s performance?

Independent Bank (IBCP) is set to release its earnings on April 24. Expectations are for $0.70 per share, a decrease of 7.9% year-over-year. Revenues are forecasted to be $54.7 million, up 3.7% from last year. Investors should monitor the industry outlook as it can influence stock performance.



Read more at Nasdaq: First Busey (BUSE) Surpasses Q1 Earnings Estimates