Middlefield Banc Corp expected to post earnings of 42 cents a share - Earnings Preview

Middlefield Banc

19/04/2024 12:11

* Middlefield Banc Corp  MBCN.OQ   MBCN.O  is expected
to show a
fall in quarterly revenue when it reports  results on April 22
(estimated) for the period ending March 31 2024
    * The Middlefield Ohio-based  company is expected to report
a
6.5% decrease in revenue to $17 million from $18.19 million a
year ago, according to the mean estimate from 3 analysts, based
on LSEG data.
    * ​LSEG's mean analyst estimate for Middlefield Banc Corp is
for
earnings of 42 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 4
"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 Middlefield
Banc
Corp is $30.00​, above​ its last closing price of $22.14. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Dec. 31 2023  0.49        0.50       0.44      Missed  -11.8
 Sep. 30 2023  0.57        0.58       0.47      Missed  -19.4
 Jun. 30 2023  0.59        0.59       0.60      Beat    1.4​
 Mar. 31 2023  0.60        0.60       0.64      Beat    6
 ​​Dec.        0.76        0.77       0.79      Beat    3.1
 31 2022                                                
 Sep. 30 2022  0.67        0.67       0.80      Beat    19.2​
 Jun. 30 2022  0.64        0.65       0.78      Beat    20.7
 Mar. 31 2022  0.61        0.62       0.65      Beat    5.7
 This summary was machine generated April 19 at 11:11 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)