Recap: Meridian Q4 Earnings

 

Meridian MRBK reported its Q4 earnings results on Monday, January 31, 2022 at 03:41 PM.

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

Also check out: Executives buy around $88 million of four stocks

Earnings

Meridian beat estimated earnings by 27.84%, reporting an EPS of $1.24 versus an estimate of $0.97, which surprised analysts.

Revenue was up $11.55 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.38, which was followed by a 2.5% increase in the share price the next day.

Here's a look at Meridian's past performance:

 

Quarter Q3 2021 Q2 2021 Q1 2021 Q4 2020
EPS Estimate 1.14 1.16 1.12 0.84
EPS Actual 1.52 1.33 1.65 1.48
Revenue Estimate 35.94M 34.31M 31.04M 31.34M
Revenue Actual 38.38M 37.14M 42.17M 44.96M

Listen to the earnings announcement yourself by clicking here.

To track all upcoming earnings announcements, click to use Benzinga Earnings Calendar.

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

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Posted In: EarningsNewsBZI-Recaps
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