MVB Financial Corp expected to post earnings of 35  cents a share - Earnings Preview

MVB Financial

29/04/2022 15:10

* MVB Financial Corp  MVBF.OQ   MVBF.O  is expected to show
a rise
in quarterly revenue when it reports  results on May 2
(estimated). 
    * The Fairmont West Virginia-based  company is expected to
report 
a 21.4% increase in revenue to $36.365 million from $29.96
million a year ago, according to the mean estimate from 3
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for MVB Financial Corp
is for
earnings of 35 cents per share. For the same quarter last year,
the company reported earnings of 66 cents per share.
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "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 MVB
Financial
Corp is $53​, above​ its last closing price of $41.07. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2021  0.30        0.30       0.77      Beat    159.5
 Sep. 30 2021  0.64        0.65       0.92      Beat    40.8
 Jun. 30 2021  0.59        0.60       0.73      Beat    21.7​
 Mar. 31 2021  0.73        0.73       0.66      Missed  -9.6
 ​​Dec.        0.47        0.37       0.97      Beat    162.2
 31 2020                                                
 Sep. 30 2020  0.35        0.33       0.53      Beat    59​
 Jun. 30 2020  0.65        0.79       1.49      Beat    87.8
 Mar. 31 2020  0.27        0.27       0.08      Missed  -70
 This summary was machine generated April 29 at 14:10 GMT.  All
figures in US dollars  unless otherwise stated