Farmers & Merchants Bancorp Inc expected to post earnings of 36 cents a share - Earnings Preview

Farmers & Merchants Bancorp

22/07/2024 13:00

* Farmers & Merchants Bancorp Inc  FMAO.OQ   FMAO.O  is
expected
to show a rise in quarterly revenue when it reports  results on
July 24 (estimated) for the period ending June 30 2024
    * The Archbold Ohio-based  company is expected to report a
1.8% increase in revenue to $20.475 million from $20.12 million
a year ago, according to the mean estimate from 4 analysts,
based on LSEG data. (SAL is on NII basis)
    * ​LSEG's mean analyst estimate for Farmers & Merchants
Bancorp
Inc is for earnings of 36 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 4
"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 $24.00​, below​ its last closing price
of $24.87. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Mar. 31 2024  0.34        0.35       0.39      Beat    12.5
 Dec. 31 2024  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
 ​​Jan.        0.53        0.54       0.47      Missed  -13
 1 0001                                                 
 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. 30 2022  0.62        0.62       0.63      Beat    2.4
 This summary was machine generated July 22 at 12:00 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)