Mid Penn Bancorp Inc expected to post earnings of 5 cents a share - Earnings Preview

Mid Penn Bancorp

24/01/2022 11:40

* Mid Penn Bancorp Inc  MPB.OQ   MPB.O  is expected to show
a fall
in quarterly revenue when it reports  results on January 26
(estimated). 
    * The Harrisburg Pennsylvania-based  company is expected to
report
 a 7.1% decrease in revenue to $31.446 million from $33.84
million a year ago, according to the mean estimate from 2
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Mid Penn Bancorp
Inc is
for earnings of 5 cents per share. For the same quarter last
year, the company reported earnings of $1.06 per share.
    * The current average analyst rating on the shares is
"strong buy"
and the breakdown of recommendations is 2 "strong buy" or
"buy," no "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 Mid Penn
Bancorp
Inc is $34.75​, about 12.3% above​ its last closing price
of $30.49. ​​​

This summary was machine generated January 24 at 11:40 GMT.  All
figures in US dollars  unless otherwise stated