Middlefield Banc Corp expected to post earnings of 50 cents a share - Earnings Preview

Middlefield Banc

23/01/2024 13:44

* Middlefield Banc Corp  MBCN.OQ   MBCN.O  is expected
to show a
rise in quarterly revenue when it reports  results on January 25
(estimated) for the period ending December 31 2023
    * The Middlefield Ohio-based  company is expected to report
a
6.4% increase in revenue to $17.55 million from $16.5 million a
year ago, according to the mean estimate from 2 analysts, based
on LSEG data. (Sale Represents Operating Revenue)
    * ​LSEG's mean analyst estimate for Middlefield Banc Corp is
for
earnings of 50 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 $27.50​, below​ its last closing price of $30.55. ​​​

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  0.57        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. 31 2022  0.76        0.77       0.79      Beat    3.1
 ​​Sep.        0.67        0.67       0.80      Beat    19.2
 30 2022                                                
 Jun. 30 2022  0.64        0.65       0.78      Beat    20.7​
 Mar. 31 2022  0.61        0.62       0.65      Beat    5.7
 Dec. 31 2021  0.75        0.75       0.81      Beat    8.7
 This summary was machine generated January 23 at 13:44 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)