Meridian Corp expected to post earnings of 90cents a share - Earnings Preview

Meridian

27/01/2023 11:23

* Meridian Corp  MRBK.OQ   MRBK.O  is expected to show a
fall in
quarterly revenue when it reports  results on January 30
(estimated). 
    * The Malvern Pennsylvania-based  company is expected to
report  a
16.6% decrease in revenue to $27.865 million from $33.41 million
a year ago, according to the mean estimate from 3 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Meridian Corp is
for
earnings of 90 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "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
$36​, above​ its last closing price of $32.00. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Sep. 30 2022  0.86        0.81       0.96      Beat    18.5
 Jun. 30 2022  0.93        1.05       0.96      Missed  -8.7
 Mar. 31 2022  0.77        0.77       0.88      Beat    14.7​
 Dec. 31 2021  0.96        0.97       1.24      Beat    27.8
 ​​Sep.        1.13        1.14       1.52      Beat    33.7
 30 2021                                                
 Jun. 30 2021  1.16        1.16       1.33      Beat    15​
 Mar. 31 2021  1.06        1.12       1.65      Beat    47.5
 Dec. 31 2020  0.83        0.84       1.48      Beat    76.9
 This summary was machine generated January 27 at 11:22 GMT.  All
figures in US dollars  unless otherwise stated