Mid Penn Bancorp Q2 2024 Adj EPS $0.68 Beats $0.60 Estimate
Portfolio Pulse from Benzinga Newsdesk
Mid Penn Bancorp (NASDAQ:MPB) reported Q2 2024 adjusted earnings per share (EPS) of $0.68, surpassing the analyst consensus estimate of $0.60 by 13.33%. This performance is consistent with the same period last year.
July 24, 2024 | 9:26 pm
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Mid Penn Bancorp reported Q2 2024 adjusted EPS of $0.68, beating the analyst estimate of $0.60 by 13.33%. This performance is consistent with the same period last year.
The better-than-expected earnings per share (EPS) is likely to positively impact MPB's stock price in the short term. Beating analyst estimates by 13.33% indicates strong financial performance, which is typically viewed favorably by investors.
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