What to Expect from Metropolitan Bank Holding's Earnings
Portfolio Pulse from Benzinga Insights
Metropolitan Bank Holding (NYSE:MCB) is set to release its quarterly earnings on October 17, 2024. Analysts expect an EPS of $1.55. Investors are keen on the earnings performance and future guidance, as past earnings have shown varied impacts on share prices. Shares are currently trading at $58.99, up 86.48% over the past year.
October 16, 2024 | 4:01 pm
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Metropolitan Bank Holding is expected to announce its quarterly earnings with an anticipated EPS of $1.55. Investors are focused on both the earnings performance and the guidance for the next quarter, as these factors have historically influenced the stock price.
The upcoming earnings release is a significant event for MCB, with analysts expecting an EPS of $1.55. Past earnings have shown that even when EPS misses estimates, the stock can still rise if the market reacts positively to other factors like guidance. The stock's strong performance over the past year suggests investor optimism, which could lead to a positive short-term impact if earnings or guidance exceed expectations.
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