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Stock impact report

Middlefield Banc Corp. Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next [Yahoo! Finance]

Middlefield Banc Corp. (MBCN) 
Last middlefield banc corp. earnings: 4/27 08:00 am Check Earnings Report
US:NASDAQ Investor Relations: middlefieldbank.bank/company/mbc9.asp
Company Research Source: Yahoo! Finance
Revenues were US$17m, approximately in line with whatthe analysts expected, although statutory earnings per share (EPS) crushed expectations, coming in at US$0.52, an impressive 29% ahead of estimates. Earnings are an important time for investors, as they can track a company's performance, look at what the analysts are forecasting for next year, and see if there's been a change in sentiment towards the company. We thought readers would find it interesting to see the analysts latest (statutory) post-earnings forecasts for next year. View our latest analysis for Middlefield Banc Following the latest results, Middlefield Banc's four analysts are now forecasting revenues of US$68.2m in 2024. This would be a credible 2.1% improvement in revenue compared to the last 12 months. Statutory earnings per share are forecast to shrink 4.2% to US$1.87 in the same period. In the lead-up to this report, the analysts had been modelling revenues of US$67.8m and earnings per share (EPS) of US$1.72 i Show less Read more
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