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

Mid Penn Bancorp

26/10/2023 24:41

* Mid Penn Bancorp Inc  MPB.OQ  reported quarterly adjusted
earnings of 56 cents​​ per share for the quarter ended in
September. The mean expectation of two analysts for the quarter
was for earnings of 63 cents per share.
    * Revenue fell 0.7% to $42.83 million from a year ago;
analysts
expected $42.11 million. 
    * Mid Penn Bancorp Inc's reported EPS for the quarter was 56
cents​.
    * The mean earnings estimate of analysts had fallen by
about 0.8%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate 
    * Mid Penn Bancorp Inc shares had fallen by 5.6% this
quarter and
lost 36.6% so far this year.
    * The company reported quarterly net income of $9.24
million.
    * Wall Street's median 12-month price target for Mid Penn
Bancorp
Inc is $26.50 
    * 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 LSEG Refinitiv data
October 25 at 11:41 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2023      0.63           0.56           Missed
 Jun. 30 2023      0.68           0.68           Met
 Mar. 31 2023      0.88           0.70           Missed
 Dec. 31 2022      0.98           0.99           Beat