Meridian Corp expected to post earnings of 34 cents a share - Earnings Preview

Meridian

22/01/2025 11:09

* Meridian Corp  MRBK.OQ   MRBK.O  is expected to show a
rise in
quarterly revenue when it reports  results on January 24
(estimated) for the period ending December 31 2024
    * The Malvern Pennsylvania-based  company is expected to
report a
7.7% increase in revenue to $26.982 million from $25.06 million
a year ago, according to the mean estimate from 2 analysts,
based on LSEG data. (Sales/Revenue Majority Basis is on Total
Revenue)
    * ​LSEG's mean analyst estimate for Meridian Corp is for
earnings
of 34 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 1
"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 Meridian
Corp is
$18.00​, above​ its last closing price of $15.36. ​​​

This summary was machine generated January 22 at 11:09 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)