Farmers & Merchants Bancorp Inc expected to post earnings of 41 cents a share - Earnings Preview

Farmers & Merchants Bancorp

22/10/2024 15:15

* Farmers & Merchants Bancorp Inc  FMAO.OQ   FMAO.O  is
expected
to show a rise in quarterly revenue when it reports  results on
October 24 (estimated) for the period ending September 30 2024
    * The Archbold Ohio-based  company is expected to report a
8.0% increase in revenue to $21.228 million from $19.66 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 41 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 $26.75​, below​ its last closing price
of $27.39. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jun. 30 2024  0.35        0.36       0.42      Beat    17.5
 Jan. 1 2024   0.34        0.35       0.39      Beat    12.5
 Dec. 31 2023  0.31        0.32       0.41      Beat    30.2​
 Sep. 30 2023  0.35        0.45       0.35      Missed  -5.4
 ​​Jun.        0.43        0.45       0.44      Missed  -1.5
 30 2023                                                
 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
 This summary was machine generated October 22 at 14:14 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)