Farmers & Merchants Bancorp Inc expected to post earnings of 35 cents a share - Earnings Preview

Farmers & Merchants Bancorp

15/04/2024 12:06

* Farmers & Merchants Bancorp Inc  FMAO.OQ   FMAO.O  is
expected
to show a fall in quarterly revenue when it reports  results on
April 17 (estimated) for the period ending March 31 2024
    * The Archbold Ohio-based  company is expected to report a
9.6% decrease in revenue to $19.6 million from $21.68 million a
year ago, according to the mean estimate from 2 analysts, based
on LSEG data.
    * ​LSEG's mean analyst estimate for Farmers & Merchants
Bancorp
Inc is for earnings of 35 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 3
"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 $22.00​, above​ its last closing price
of $20.07. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Dec. 31 2023  0.31        0.32       0.41      Beat    30.2
 Sep. 30 2023  0.35        0.37       0.35      Missed  -5.4
 Jun. 30 2023  0.43        0.45       0.44      Missed  -1.5​
 Mar. 31 2023  0.53        0.54       0.47      Missed  -13
 ​​Dec.        0.68        0.67       0.53      Missed  -21.3
 31 2022                                                
 Sep. 30 2022  0.73        0.73       0.68      Missed  -6.8​
 Jun. 30 2022  0.62        0.62       0.63      Beat    2.4
 Mar. 31 2022  0.56        0.56       0.62      Beat    10.1
 This summary was machine generated April 15 at 11:05 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)