Recap: Meridian Q3 Earnings - Meridian (NASDAQ:MRBK)

Meridian MRBK reported its Q3 earnings results on Monday, October 31, 2022 at 09:00 AM.

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

Meridian beat estimated earnings by 18.52%, reporting an EPS of $0.96 versus an estimate of $0.81.

Revenue was down $10.13 million from the same period last year.

Last quarter the company missed on EPS by $0.09 which was followed by a 0.53% increase in the share price the next day.

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

Quarter	Q2 2022	Q1 2022	Q4 2021	Q3 2021
EPS Estimate	1.05	0.77	0.97	1.14
EPS Actual	0.96	0.88	1.24	1.52
Revenue Estimate	31.25M	29.15M	32.59M	35.94M
Revenue Actual	27.95M	29.14M	33.41M	38.38M

Listen to the earnings announcement yourself by clicking here.

To track all earnings releases for Meridian visit their earnings calendar here.

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