Metrocity Bankshares Inc expected to post earnings of 72  cents a share - Earnings Preview

MetroCity Bankshares

19/07/2022 12:02

* Metrocity Bankshares Inc  MCBS.OQ   MCBS.O  is expected
to show
a rise in quarterly revenue when it reports  results on July 21
(estimated). 
    * The Doraville Georgia-based  company is expected to report
 a
11.2% increase in revenue to $37.15 million from $33.42 million
a year ago, according to the mean estimate from 2 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Metrocity
Bankshares Inc
is for earnings of 72 cents per share. For the same quarter last
year, the company reported earnings of 56 cents per share.
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 2
"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 $22.75​, above​ its last closing price
of $20.67. ​​​

This summary was machine generated July 19 at 11:02 GMT.  All
figures in US dollars  unless otherwise stated