Mid Penn Bancorp Q2 EPS $0.68 Beats $0.67 Estimate, Sales $41.66M Beat $41.17M Estimate
Portfolio Pulse from Benzinga Newsdesk
Mid Penn Bancorp reported Q2 earnings of $0.68 per share, beating the analyst consensus estimate of $0.67 by 1.49%. This is a decrease of 11.69% from the same period last year. The company also reported quarterly sales of $41.66 million, beating the estimate of $41.17 million by 1.20%. This is an increase of 2.46% from the same period last year.
July 28, 2023 | 5:00 am
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NEUTRAL IMPACT
Mid Penn Bancorp's Q2 earnings and sales beat estimates, but earnings are down from last year.
While Mid Penn Bancorp beat earnings and sales estimates, the decrease in earnings from the same period last year could potentially offset the positive impact of beating estimates.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100