Middlefield Banc: Q4 Earnings Insights


20-Year Pro Trader Reveals His "MoneyLine"

Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.


Middlefield Banc (NASDAQ:MBCN) reported its Q4 earnings results on Friday, January 26, 2024 at 07:30 AM.

Here's what investors need to know about the announcement.

Earnings

Middlefield Banc missed estimated earnings by 12.0%, reporting an EPS of $0.44 versus an estimate of $0.5.

Revenue was up $482 thousand from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.11 which was followed by a 0.9% drop in the share price the next day.

Here's a look at Middlefield Banc's past performance:

QuarterQ3 2023Q2 2023Q1 2023Q4 2022
EPS Estimate0.580.590.60.77
EPS Actual0.470.630.60.79
Revenue Estimate18.30M18.10M18.30M16.70M
Revenue Actual17.78M18.95M18.18M16.50M

** Listen to the earnings announcement yourself by clicking here. **

To track all earnings releases for Middlefield Banc visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.


20-Year Pro Trader Reveals His "MoneyLine"

Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.


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Posted In: EarningsBZI-Recaps