Mid Penn Bancorp Inc expected to post earnings of 59 cents a share - Earnings Preview

Mid Penn Bancorp

19/01/2024 11:21

* Mid Penn Bancorp Inc  MPB.OQ   MPB.O  is expected to show
a fall
in quarterly revenue when it reports  results on January 23
(estimated) for the period ending December 31 2023
    * The Harrisburg Pennsylvania-based  company is expected to
report
a 6.1% decrease in revenue to $42.509 million from $45.29
million a year ago, according to the mean estimate from 3
analysts, based on LSEG data. (SAL Represents Total Revenue)
    * ​LSEG's mean analyst estimate for Mid Penn Bancorp Inc is
for
earnings of 59 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "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 $27.00​, above​ its last closing price of $22.89. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2023  0.62        0.63       0.56      Missed  -10.4
 Jun. 30 2023  0.67        0.68       0.68      Met     0.7
 Mar. 31 2023  0.88        0.88       0.70      Missed  -20.5​
 Dec. 31 2022  0.98        0.98       0.99      Beat    1.5
 ​​Sep.        0.82        0.83       0.97      Beat    17.6
 30 2022                                                
 Jun. 30 2022  0.69        0.69       0.77      Beat    11.6​
 Mar. 31 2022  0.57        0.59       0.71      Beat    20.3
 Dec. 31 2021  0.14        0.05       0.05      Met     0
 This summary was machine generated January 19 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)