Metrocity Bankshares Inc expected to post earnings of 59 cents a share - Earnings Preview

MetroCity Bankshares

17/07/2024 12:22

* Metrocity Bankshares Inc  MCBS.OQ   MCBS.O  is expected
to show
a rise in quarterly revenue when it reports  results on July 19
(estimated) for the period ending June 30 2024
    * The Doraville Georgia-based  company is expected to report
a
14.7% increase in revenue to $34.1 million from $29.73 million a
year ago, according to the estimate from one analyst, based on
LSEG data. (Sales/Revenue Majority Basis is on Total Revenue)
    * ​LSEG's mean analyst estimate for Metrocity Bankshares Inc
is
for earnings of 59 cents per share. 
    * The one available analyst rating on the shares is
"hold".  
    * 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 $28.00​, below​ its last closing price
of $28.58. ​​​

This summary was machine generated July 17 at 11:21 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)