Middlefield Banc Corp reports results for the quarter ended in December - Earnings Summary

Middlefield Banc

27/01/2023 14:19

* Middlefield Banc Corp  MBCN.OQ  reported quarterly
adjusted
earnings of 79 cents​​ per share for the quarter ended in
December. The mean expectation of two analysts for the quarter
was for earnings of 77 cents per share.
    * Revenue rose 22% to $16.50 million from a year ago;
analysts
expected $16.70 million. 
    * Middlefield Banc Corp's reported EPS for the quarter was
53
cents​.
    * The mean earnings estimate of analysts had risen by
about 3.2%
in the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Middlefield Banc Corp shares had fallen by 0.1% this
quarter.
    * The company reported quarterly net income of $3.5 million.
    * Wall Street's median 12-month price target for Middlefield
Banc
Corp is $30.00 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data January
27 at 02:19 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      0.77           0.79           Beat
 Sep. 30 2022      0.67           0.80           Beat
 Jun. 30 2022      0.65           0.78           Beat
 Mar. 31 2022      0.62           0.65           Beat