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

Middlefield Banc

18/07/2022 21:40

* Middlefield Banc Corp  MBCN.OQ  reported quarterly
adjusted
earnings of 78 cents​​ per share for the quarter ended in June.
The mean expectation of two analysts for the quarter was
for earnings of 65 cents per share.
    * Revenue fell 0.8% to $13.41 million from a year ago; 
analysts
expected $13.25 million. 
    * Middlefield Banc Corp's reported EPS for the quarter was
70
cents​.
    * The mean earnings estimate of analysts had risen by
about 8.9%
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 0.4% this
quarter and
gained 1.2% so far this year.
    * The company reported quarterly net income of $4.09
million.
    * Wall Street's median 12-month price target for Middlefield
Banc
Corp is $27.50 
    * 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." 

This summary was machine generated July 18 at 08:40 p.m.  ​All
figures in US dollars unless otherwise stated.
 QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2022      0.65           0.78           Beat
 Mar. 31 2022      0.62           0.65           Beat
 Dec. 31 2021      0.75           0.81           Beat
 Sep. 30 2021      0.64           0.85           Beat
 This summary was machine generated from Refinitiv data July 18
at 08:40 p.m