Farmers & Merchants Bancorp Inc expected to post earnings of 32 cents a share - Earnings Preview

Farmers & Merchants Bancorp

02/02/2024 15:15

* Farmers & Merchants Bancorp Inc  FMAO.OQ   FMAO.O  is
expected
to show a fall in quarterly revenue when it reports  results on
February 6 (estimated) for the period ending December 31 2023
    * The Archbold Ohio-based  company is expected to report a
16.0% decrease in revenue to $18.95 million from $22.56 million
a year ago, according to the mean estimate from 2 analysts,
based on LSEG data. (SAL is on NII basis)
    * ​LSEG's mean analyst estimate for Farmers & Merchants
Bancorp
Inc is for earnings of 32 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Farmers &
Merchants Bancorp Inc is $23.00​, above​ its last closing price
of $22.03. ​​​

This summary was machine generated February 2 at 15:15 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)