Middlefield Banc Q3 EPS $0.29 Misses $0.45 Estimate
Portfolio Pulse from Benzinga Newsdesk
Middlefield Banc reported Q3 earnings of $0.29 per share, missing the analyst consensus estimate of $0.45 by 35.56%. This represents a 38.3% decrease from the same period last year.
October 17, 2024 | 8:23 pm
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Middlefield Banc's Q3 earnings per share of $0.29 fell short of the expected $0.45, marking a significant 35.56% miss and a 38.3% decrease from last year's earnings.
The significant miss in earnings per share compared to analyst estimates and the year-over-year decline suggest potential negative sentiment and pressure on Middlefield Banc's stock price in the short term.
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