MVB Financial Corp expected to post earnings of 36 cents a share - Earnings Preview

MVB Financial

23/07/2024 12:42

* MVB Financial Corp  MVBF.OQ   MVBF.O  is expected to show
a rise
in quarterly revenue when it reports  results on July 25
(estimated) for the period ending June 30 2024
    * The Fairmont West Virginia-based  company is expected to
report
a 5.3% increase in revenue to $37.892 million from $36 million a
year ago, according to the mean estimate from 4 analysts, based
on LSEG data. (SAL Represents Total Revenue)
    * ​LSEG's mean analyst estimate for MVB Financial Corp is
for
earnings of 36 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 $22.00​, below​ its last closing price of $24.10. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Mar. 31 2024  0.38        0.38       0.34      Missed  -9.3
 Dec. 31 2024  0.32        0.33       0.61      Beat    84.8
 Sep. 30 2023  0.64        0.59       0.29      Missed  -50.8​
 Jun. 30 2023  0.57        0.58       0.63      Beat    8.6
 ​​Mar.        0.64        0.63       0.87      Beat    38.1
 31 2023                                                
 Dec. 31 2022  0.51        0.51       0.50      Missed  -2.6​
 Sep. 30 2022  0.48        0.48       0.21      Missed  -56.2
 Jun. 30 2022  0.34        0.33       0.23      Missed  -31
 This summary was machine generated July 23 at 11:42 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)