Mid Penn Bancorp Inc reports results for the quarter ended in June - Earnings Summary

Mid Penn Bancorp

27/07/2022 19:55

* Mid Penn Bancorp Inc  MPB.OQ  reported quarterly adjusted
earnings of 77 cents​​ per share for the quarter ended in June.
The mean expectation of two analysts for the quarter was
for earnings of 69 cents per share.
    * Revenue rose 25% to $40.66 million from a year ago;
analysts
expected $38.73 million. 
    * Mid Penn Bancorp Inc's reported EPS for the quarter was 77
cents​.
    * The mean earnings estimate of analysts had risen by
about 3% in
the last three months.​ 
    * In the last 30 days there have been no negative revisions
of
earnings estimates 
    * Mid Penn Bancorp Inc shares had risen by 3.2% this
quarter and
lost 12.4% so far this year.
    * The company reported quarterly net income of $12.25
million.
    * Wall Street's median 12-month price target for Mid Penn
Bancorp
Inc is $34.00 
    * 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." 

This summary was machine generated from Refinitiv data July 27
at 06:55 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2022      0.69           0.77           Beat
 Mar. 31 2022      0.59           0.71           Beat
 Dec. 31 2021      0.05           0.05           Met
 Sep. 30 2021      0.56           0.86           Beat