Earnings Preview: Merchants Bancorp
Portfolio Pulse from Benzinga Insights
Merchants Bancorp (NASDAQ:MBIN) is set to release its quarterly earnings on October 28, 2024. Analysts expect an EPS of $1.42. The company's previous earnings miss led to a significant share price drop, highlighting the importance of meeting or exceeding expectations and providing positive guidance.
October 25, 2024 | 5:02 pm
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Merchants Bancorp is expected to announce its quarterly earnings with an anticipated EPS of $1.42. The previous earnings miss resulted in a significant share price drop, emphasizing the importance of meeting expectations and providing positive guidance.
The upcoming earnings report is crucial for Merchants Bancorp as the previous miss led to a significant drop in share price. Meeting or exceeding the EPS estimate and providing positive guidance could stabilize or boost the stock price. However, failure to meet expectations could result in another decline.
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IMPORTANCE 80
RELEVANCE 100