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

Meridian

26/04/2021 21:43

* Meridian Corp  MRBK.OQ  reported quarterly adjusted earnings
of $1.65​​ per share for the quarter ended in March. The mean
expectation of three analysts for the quarter was for earnings
of $1.12 per share.
* Revenue rose 110.6% to $42.17 million from a year ago​; 
analysts expected $31.04 million.
* Meridian Corp's reported EPS for the quarter was $1.65​.
* The mean earnings estimate of analysts had risen by
about 66.5% 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 3.5% this quarter and
gained 25.5% so far this year.
* The company reported quarterly net income of $10.17 million.
* Wall Street's median 12-month price target for Meridian Corp
is $28.00 
* The current average analyst rating on the shares is "buy" and
the breakdown of recommendations is 3 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 
This summary was machine generated April 26 at 08:43 p.m. GMT.
​All figures in US Dollars.​