Meridian: Q1 Earnings Insights - Meridian (NASDAQ:MRBK)

Meridian MRBK reported its Q1 earnings results on Tuesday, May 2, 2023 at 01:33 PM.

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

Meridian beat estimated earnings by 6.25%, reporting an EPS of $0.34 versus an estimate of $0.32.

Revenue was down $4.82 million from the same period last year.

Last quarter the company missed on EPS by $0.06 which was followed by a 0.47% drop in the share price the next day.

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

Quarter	Q4 2022	Q3 2022	Q2 2022	Q1 2022
EPS Estimate	0.45	0.41	0.53	0.39
EPS Actual	0.39	0.48	0.48	0.44
Revenue Estimate	27.86M	28.58M	31.25M	29.15M
Revenue Actual	26.51M	28.25M	27.95M	29.14M

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.