Earnings Outlook For Metropolitan Bank Holding
Portfolio Pulse from Benzinga Insights
Metropolitan Bank Holding (NYSE:MCB) is set to release its quarterly earnings report on October 19, 2023. Analysts estimate an EPS of $1.63. The company's stock price dropped by 9.34% the day after it missed EPS by $0.37 last quarter. The stock is currently trading at $33.8, down 44.64% over the last 52 weeks.
October 18, 2023 | 4:01 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
Metropolitan Bank Holding is expected to report an EPS of $1.63 for Q3 2023. The stock price may be affected by the earnings report, as it dropped by 9.34% after missing EPS last quarter.
The upcoming earnings report is highly relevant to MCB's stock price. Last quarter, the company missed its EPS estimate, which led to a significant drop in the stock price. If the company misses its EPS estimate again, the stock price could potentially drop. However, if the company beats its EPS estimate, the stock price could potentially rise.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100