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

Middlefield Banc

21/04/2022 22:48

* Middlefield Banc Corp  MBCN.OQ  reported quarterly
adjusted
earnings of 65 cents​​ per share for the quarter ended in March.
The mean expectation of two analysts for the quarter was
for earnings of 62 cents per share.
    * Revenue fell 8.8% to $12.87 million from a year ago; 
analysts
expected $12.95 million. 
    * Middlefield Banc Corp's reported EPS for the quarter was
65
cents​.
    * The mean earnings estimate of analysts had risen by
about 28.1%
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 risen by 8.2% this
quarter and
gained 8.3% so far this year.
    * The company reported quarterly net income of $3.83
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 April 21 at 09:48 p.m.  ​All
figures in US dollars unless otherwise stated