Middlefield Banc Corp expected to post earnings of 59  cents a share - Earnings Preview

Middlefield Banc

13/10/2023 12:25

* Middlefield Banc Corp  MBCN.OQ   MBCN.O  is expected
to show a
rise in quarterly revenue when it reports  results 
    * The Middlefield Ohio-based  company is expected to report 
a
29.4% increase in revenue to $18.3 million from $14.15 million a
year ago, according to the mean estimate from 2 analysts, based
on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Middlefield Banc
Corp is
for earnings of 59 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 3
"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 $29​, above​ its last closing price of $27.67. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 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. 30 2022  0.67        0.67       0.80      Beat    19.2
 ​​Jun.        0.64        0.65       0.78      Beat    20.7
 30 2022                                                
 Mar. 31 2022  0.61        0.62       0.65      Beat    5.7​
 Dec. 31 2021  0.75        0.75       0.81      Beat    8.7
 Sep. 30 2021  0.64        0.64       0.85      Beat    32.8
 This summary was machine generated October 13 at 11:25 GMT.  All
figures in US dollars  unless otherwise stated