MVB Financial Corp expected to post earnings of 65 cents a share - Earnings Preview

MVB Financial

29/10/2021 14:35

* MVB Financial Corp  MVBF.OQ   MVBF.O  is expected to show a
rise in quarterly revenue when it reports results on November 1
(estimated). 
* The Fairmont, West Virginia-based company is expected to
report  a 1.9% increase in revenue to $36.094 million from
$35.41 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 65 cents per share. For the same quarter last
year, the company reported earnings of 53 cents 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 6.5% above​ its last closing price
of $42.06. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 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. 31 2020  0.47        0.37       0.97      Beat    162.2​
 Sep. 30 2020  0.35        0.33       0.53      Beat    59
 Jun.          0.65​       0.79       1.49      Beat    87.8​
 30​ 2020​                                              
 Mar. 31 2020  0.27        0.27       0.08      Missed  -70​
 Dec. 31 2019  0.28        0.28       0.32      Beat    16.4
 Sep. 30 2019  0.33        0.33       0.35      Beat    6.1
 This summary was machine generated October 29 at 13:35 GMT.  All
figures in US dollars unless otherwise stated