Middlefield Banc (NASDAQ:MBCN) reported its Q4 earnings results on Friday, January 26, 2024 at 07:30 AM.
Here's what investors need to know about the announcement.
Earnings
Middlefield Banc missed estimated earnings by 12.0%, reporting an EPS of $0.44 versus an estimate of $0.5.
Revenue was up $482 thousand from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.11 which was followed by a 0.9% drop in the share price the next day.
Here's a look at Middlefield Banc's past performance:
| Quarter | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 |
|---|---|---|---|---|
| EPS Estimate | 0.58 | 0.59 | 0.6 | 0.77 |
| EPS Actual | 0.47 | 0.63 | 0.6 | 0.79 |
| Revenue Estimate | 18.30M | 18.10M | 18.30M | 16.70M |
| Revenue Actual | 17.78M | 18.95M | 18.18M | 16.50M |
** Listen to the earnings announcement yourself by clicking here. **
To track all earnings releases for Middlefield Banc visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.