Renasant Corp. (RNST) Releases Earnings Results, Beats Expectations By $0.02 EPS

Renasant Corp. (RNST) reported quarterly earnings results on Tuesday, Jul-19-2016. The company said it had a profit of $0.59 Earnings per Share for the quarter. The results exceeded Wall Street expectations beating the analyst consensus estimate by $0.02. Analysts had a consensus of $0.57. Analysts expectations of $112.17 million. During the same quarter in the previous year, the company posted $0.51 EPS.

Renasant Corp. closed down -0.13 points or -0.38% at $33.87 with 78,656 shares getting traded on Monday. Post opening the session at $34, the shares hit an intraday low of $33.79 and an intraday high of $34.31 and the price fluctuated in this range throughout the day.Shares ended Monday session in Red.

In a different news, on May 10, 2016, J Niles Mcneel (director) sold 2,500 shares at $33.51 per share price. According to the SEC, on Mar 7, 2016, O Leonard Dorminey (Executive Vice President) sold 8,273 shares at $33.20 per share price. On Jan 26, 2016, John Foy (director) purchased 500 shares at $29.77 per share price, according to the Form-4 filing with the securities and exchange commission.

Renasant Corporation is a bank holding company that owns and operates Renasant Bank (the Bank) and Renasant Insurance Inc. The Bank offers services including checking and savings accounts business and personal loans interim construction loans equipment leasing as well as safe deposit and night depository facilities. The Company operates in three segments: Community Banks segment which offers banking and financial services to individuals and small to medium-sized businesses including checking and savings accounts business and personal loans equipment leasing as well as safe deposit and night depository facilities; the Insurance segment which includes a full service insurance agency offering lines of commercial and personal insurance and the Wealth Management segment which offers fiduciary services which includes the administration and management of trust accounts including personal and corporate benefit accounts custodial accounts and others.

Renasant Corp.

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