Meridian Corp reports results for the quarter ended in June - Earnings Summary

Meridian

26/07/2021 23:19

* Meridian Corp  MRBK.OQ  reported quarterly adjusted earnings
of $1.33​​ per share for the quarter ended in June. The mean
expectation of three analysts for the quarter was for earnings
of $1.16 per share.
* Revenue rose 15.1% to $37.14 million from a year ago; 
analysts expected $34.31 million. 
* Meridian Corp's reported EPS for the quarter was $1.33​.
* The mean earnings estimate of analysts had risen by about 7.6%
in the last three months.​ 
* In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
* Meridian Corp shares had fallen by 5.7% this quarter and
gained 23.8% so far this year.
* The company reported quarterly net income of $8.26 million.
* Wall Street's median 12-month price target for Meridian Corp
is $30.00 
* 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." 
This summary was machine generated July 26 at 10:19 p.m.  ​All
figures in US dollars unless otherwise stated