Meridian Corp expected to post earnings of 35 cents a share - Earnings Preview

Meridian

23/10/2024 14:29

* Meridian Corp  MRBK.OQ   MRBK.O  is expected to show a
rise in
quarterly revenue when it reports  results on October 25
(estimated) for the period ending September 30 2024
    * The Malvern Pennsylvania-based  company is expected to
report a
4.9% increase in revenue to $26.542 million from $25.31 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 35 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
14.50​, above​ its last closing price of $13.05. ​​​

This summary was machine generated October 23 at 13:29 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)