Meridian Q3 EPS $0.35 Misses $0.38 Estimate
Portfolio Pulse from Happy Mohamed
Meridian (NASDAQ:MRBK) reported Q3 earnings of $0.35 per share, missing the analyst consensus estimate of $0.38 by 7.89 percent. This represents a 27.08 percent decrease from the same period last year.
October 27, 2023 | 3:14 pm
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Meridian's Q3 earnings per share fell short of analyst estimates by 7.89%, and decreased by 27.08% compared to the same period last year.
Meridian's earnings miss and year-over-year decrease could negatively impact investor sentiment, potentially leading to a short-term decrease in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100