Metrocity Bankshares Inc expected to post earnings of 53  cents a share - Earnings Preview

MetroCity Bankshares

20/07/2021 11:59

* Metrocity Bankshares Inc  MCBS.OQ   MCBS.O  is expected
to show a rise in quarterly revenue when it reports results on
July 22 (estimated). 
* The Doraville, Georgia-based company is expected to report   a
41.8% increase in revenue to $30.267 million from $21.34 million
a year ago, according to the mean estimate from 3 analysts,
based on Refinitiv data. 
​* Refinitiv's mean analyst estimate for Metrocity Bankshares
Inc is for earnings of 53 cents per share. For the same quarter
last year, the company reported earnings of 30 cents per share.
* The current average analyst rating on the shares is "hold" and
the breakdown of recommendations is no "strong buy" or "buy," 3
"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 Metrocity
Bankshares Inc is $18.5​, about 5% above​ its last closing price
of $17.57. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 Mar. 31 2021  0.41        0.41       0.50      Beat    22
 Dec. 31 2020  0.35        0.34       0.37      Beat    9.9
 Sep. 30 2020  0.30        0.31       0.36      Beat    17.4​
 Jun. 30 2020  0.25        0.25       0.30      Beat    21.6
 Mar.          0.40​       0.40       0.38      Missed  -5​
 31​ 2020​                                              
 Dec. 31 2019  0.46        0.46       0.42      Missed  -8​
 This summary was machine generated July 20 at 10:59 GMT.  All
figures in US dollars unless otherwise stated