Middlefield Banc Corp expected to post earnings of 65  cents a share - Earnings Preview

Middlefield Banc

12/07/2022 13:54

* Middlefield Banc Corp  MBCN.OQ   MBCN.O  is expected
to show a
fall in quarterly revenue when it reports  results on July 14
(estimated). 
    * The Middlefield Ohio-based  company is expected to report 
a
2.0% decrease in revenue to $13.25 million from $13.52 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 65 cents per share. For the same quarter last
year, the company reported earnings of 70 cents per share.
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 1
"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 $27.5​, above​ its last closing price of $25.20. ​​​

This summary was machine generated July 12 at 12:54 GMT.  All
figures in US dollars  unless otherwise stated