Recap: Midwest Holding Q1 Earnings

Midwest Holding MDWT reported its Q1 earnings results on Monday, May 16, 2022 at 04:05 PM.

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

Earnings

Midwest Holding beat estimated earnings by 121.74%, reporting an EPS of $0.05 versus an estimate of $-0.23.

Revenue was down $3.85 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $3.1 which was followed by a 13.72% drop in the share price the next day.

Here's a look at Midwest Holding's past performance:

Quarter Q4 2021 Q3 2021 Q2 2021 Q1 2021
EPS Estimate 1.23 0.05 0.41 0.35
EPS Actual -1.87 -0.82 0.20 0.78
Revenue Estimate 14.00M 10.20M 10.38M 9.01M
Revenue Actual 16.00M 5.77M 8.90M 6.43M

To track all earnings releases for Midwest Holding visit their earnings calendar here.

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

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