Meridian Q2 EPS $0.30 Misses $0.31 Estimate
Portfolio Pulse from Benzinga Newsdesk
Meridian (NASDAQ:MRBK) reported Q2 earnings per share of $0.30, missing the analyst consensus estimate of $0.31 by 3.23%. This represents a 26.83% decrease from the $0.41 per share reported in the same period last year.
July 26, 2024 | 5:11 pm
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Meridian reported Q2 EPS of $0.30, missing the analyst estimate of $0.31 and showing a significant YoY decrease of 26.83%.
The earnings miss and significant year-over-year decrease in EPS are likely to negatively impact investor sentiment and the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100