Farmers & Merchants Bancorp Inc reports results for the quarter ended in December - Earnings Summary

Farmers & Merchants Bancorp

13/02/2023 12:00

* Farmers & Merchants Bancorp Inc  FMAO.OQ  reported
quarterly
adjusted earnings of 53 cents​​ per share for the quarter ended
in December. The mean expectation of three analysts for the
quarter was for earnings of 67 cents per share.
    * Revenue rose 12.6% to $22.56 million from a year ago;
analysts
expected $24.30 million. 
    * Farmers & Merchants Bancorp Inc's reported EPS for the
quarter
was 53 cents​.
    * The mean earnings estimate of analysts had fallen by
about 1% in
the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Farmers & Merchants Bancorp Inc shares had held steady so
far
this quarter.
    * The company reported quarterly net income of $7.19
million.
    * Wall Street's median 12-month price target for Farmers &
Merchants Bancorp Inc is $29.00 
    * 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." 

This summary was machine generated from Refinitiv data February
13 at 12:00 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      0.67           0.53           Missed
 Sep. 30 2022      0.73           0.68           Missed
 Jun. 30 2022      0.62           0.63           Beat
 Mar. 31 2022      0.56           0.62           Beat