Mid Penn Bancorp Inc expected to post earnings of 56 cents a share - Earnings Preview

Mid Penn Bancorp

25/10/2021 13:27

* Mid Penn Bancorp Inc  MPB.OQ   MPB.O  is expected to show a
rise in quarterly revenue when it reports results on October 27
(estimated). 
* The Millersburg, Pennsylvania-based company is expected to
report  a 8.1% increase in revenue to $28.883 million from
$26.71 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 56 cents per share. For the same quarter last
year, the company reported earnings of 78 cents 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 $31​, about 9.4% above​ its last closing price
of $28.09. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 Jun. 30 2021  0.64        0.66       0.97      Beat    48.1
 Mar. 31 2021  0.89        0.91       1.10      Beat    21.5
 Dec. 31 2020  0.88        0.87       1.06      Beat    21.8​
 Sep. 30 2020  0.56        0.56       0.78      Beat    39.3
 Jun.          0.31​       0.31       0.81      Beat    160.5​
 30​ 2020​                                              
 Mar. 31 2020  0.39        0.39       0.45      Beat    15.4​
 Dec. 31 2019  0.57        0.57       0.52      Missed  -8.5
 Sep. 30 2019  0.57        0.57       0.57      Met     -0.2
 This summary was machine generated October 25 at 12:27 GMT.  All
figures in US dollars unless otherwise stated