Metrocity Bankshares Inc expected to post earnings of 66 cents a share - Earnings Preview

MetroCity Bankshares

18/01/2022 11:03

* Metrocity Bankshares Inc  MCBS.OQ   MCBS.O  is expected
to show a rise in quarterly revenue when it reports  results on
January 20 (estimated). 
* The Doraville Georgia-based  company is expected to report  a
50.2% increase in revenue to $36.9 million from $24.57 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 66 cents per share. For the same quarter
last year, the company reported earnings of 37 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 $26​, about 7.6% below​ its last closing price
of $27.98. ​​​
* 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 2021  0.61        0.61       0.66      Beat    7.6
 Jun. 30 2021  0.53        0.53       0.56      Beat    5.7
 Mar. 31 2021  0.41        0.41       0.50      Beat    22​
 Dec. 31 2020  0.35        0.34       0.37      Beat    9.9
 ​​Sep.        0.30        0.31       0.36      Beat    17.4
 30 2020                                                
 Jun. 30 2020  0.25        0.25       0.30      Beat    21.6​
 Mar. 31 2020  0.40        0.40       0.38      Missed  -5
 Dec. 31 2019  0.46        0.46       0.42      Missed  -8
 This summary was machine generated January 18 at 11:03 GMT.  All
figures in US dollars  unless otherwise stated