Farmers & Merchants Bancorp Inc expected to post earnings of 34  cents a share - Earnings Preview

Farmers & Merchants Bancorp

13/10/2023 12:47

* Farmers & Merchants Bancorp Inc  FMAO.OQ   FMAO.O  is
expected
to show a fall in quarterly revenue when it reports  results 
    * The Archbold Ohio-based  company is expected to report  a
14.5% decrease in revenue to $19.3 million from $22.58 million a
year ago, according to the mean estimate from 3 analysts, based
on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Farmers & Merchants
Bancorp Inc is for earnings of 34 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 1 "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 $20​, above​ its last closing price
of $17.37. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Jun. 30 2023  0.43        0.45       0.44      Missed  -1.5
 Mar. 31 2023  0.53        0.54       0.47      Missed  -13
 Dec. 31 2022  0.68        0.67       0.53      Missed  -21.3​
 Sep. 30 2022  0.73        0.73       0.68      Missed  -6.8
 ​​Jun.        0.62        0.62       0.63      Beat    2.4
 30 2022                                                
 Mar. 31 2022  0.56        0.56       0.62      Beat    10.1​
 Dec. 31 2021  0.55        0.56       0.59      Beat    6
 Sep. 30 2021  0.55        0.55       0.53      Missed  -3
 This summary was machine generated October 13 at 11:47 GMT.  All
figures in US dollars  unless otherwise stated