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

Farmers & Merchants Bancorp

20/04/2022 13:54

* Farmers & Merchants Bancorp Inc  FMAO.OQ  reported
quarterly
adjusted earnings of 62 cents​​ per share for the quarter ended
in March. The mean expectation of three analysts for the quarter
was for earnings of 56 cents per share.
    * Revenue rose 31.1% to $19.71 million from a year ago; 
analysts
expected $19.57 million. 
    * Farmers & Merchants Bancorp Inc's reported EPS for the
quarter
was 62 cents​.
    * The mean earnings estimate of analysts had risen by
about 15.8%
in the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * Farmers & Merchants Bancorp Inc shares had risen by 3.6%
this
quarter and gained 14.1% so far this year.
    * The company reported quarterly net income of $8.1 million.
    * Wall Street's median 12-month price target for Farmers &
Merchants Bancorp Inc is $35.25 
    * 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 April 20 at 12:54 p.m.  ​All
figures in US dollars unless otherwise stated