First Merchants Q3 Adj. EPS $1.10 Beats $1.04 Estimate, Sales $199.073M Miss $203.599M Estimate

First Merchants (NASDAQ:FRME) reported quarterly earnings of $1.10 per share which beat the analyst consensus estimate of $1.04 by 5.77 percent. This is a 11.11 percent increase over earnings of $0.99 per share from the same period last year. The company reported quarterly sales of $199.073 million which missed the analyst consensus estimate of $203.599 million by 2.22 percent. This is a 19.82 percent increase over sales of $166.142 million the same period last year.