MVB Financial Corp expected to post earnings of 60 cents a share - Earnings Preview

MVB Financial

23/07/2021 12:42

* MVB Financial Corp  MVBF.OQ   MVBF.O  is expected to show a
fall in quarterly revenue when it reports results on July 26
(estimated). 
* The Fairmont, West Virginia-based company is expected to
report   a 51.6% decrease in revenue to $30.952 million from
$63.97 million a year ago, according to the mean estimate from 2
analysts, based on Refinitiv data. 
​* Refinitiv's mean analyst estimate for MVB Financial Corp is
for earnings of 60 cents per share. For the same quarter last
year, the company reported earnings of $1.49 per share.
* The current average analyst rating on the shares is "hold" and
the breakdown of recommendations is 1 "strong buy" or "buy," 2
"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 $45​, about 8.4% above​ its last closing price
of $41.21. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 Mar. 31 2021  0.73        0.73       0.66      Missed  -9.6
 Dec. 31 2020  0.47        0.37       0.97      Beat    162.2
 Sep. 30 2020  0.35        0.33       0.53      Beat    59​
 Jun. 30 2020  0.65        0.79       1.49      Beat    87.8
 Mar.          0.27​       0.27       0.08      Missed  -70​
 31​ 2020​                                              
 Dec. 31 2019  0.28        0.28       0.32      Beat    16.4​
 Sep. 30 2019  0.33        0.33       0.35      Beat    6.1
 Jun. 30 2019  0.27        0.28       1.15      Beat    310.7
 This summary was machine generated July 23 at 11:42 GMT.  All
figures in US dollars unless otherwise stated