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

Farmers & Merchants Bancorp

21/07/2022 22:28

* Farmers & Merchants Bancorp Inc  FMAO.OQ  reported
quarterly
adjusted earnings of 63 cents​​ per share for the quarter ended
in June. The mean expectation of two analysts for the quarter
was for earnings of 62 cents per share.
    * Revenue rose 36.9% to $21.86 million from a year ago; 
analysts
expected $20.61 million. 
    * Farmers & Merchants Bancorp Inc's reported EPS for the
quarter
was 63 cents​.
    * The mean earnings estimate of analysts had risen by
about 3.1%
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 fallen by 5.7%
this
quarter and lost 4.7% so far this year.
    * The company reported quarterly net income of $8.27
million.
    * Wall Street's median 12-month price target for Farmers &
Merchants Bancorp Inc is $32.00 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell." 

This summary was machine generated July 21 at 09:28 p.m.  ​All
figures in US dollars unless otherwise stated.
 QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2022      0.62           0.63           Beat
 Mar. 31 2022      0.56           0.62           Beat
 Dec. 31 2021      0.56           0.59           Beat
 Sep. 30 2021      0.55           0.53           Missed
 This summary was machine generated from Refinitiv data July 21
at 09:28 p.m