MainStreet Bancshares Inc MNSB.OQ reported quarterly adjusted earnings of 28 cents per share for the quarter ended in January, lower than the same quarter last year, when the company reported EPS of 85 cents. The mean expectation of two analysts for the quarter was for earnings of 29 cents per share. Wall Street expected results to range from 26 cents to 32 cents per share.
Revenue fell 20.7% to $15.29 million from a year ago; analysts expected $16.16 million.
MainStreet Bancshares Inc's reported EPS for the quarter was 27 cents.
The company reported quarterly income of $2.08 million.
MainStreet Bancshares Inc shares had risen by 2.5% this quarter and lost 26.7% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts was unchanged in the last three months.
In the last 30 days, there have been earnings estimate revisions by analysts covering the company.
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 1 "strong buy" or "buy," 1 "hold" and "sell" or "strong sell."
The average consensus recommendation for the banks peer group is also "buy"
Wall Street's median 12-month price target for MainStreet Bancshares Inc is $20.75
This summary was machine generated from LSEG data July 29 at 03:59 p.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING |
ESTIMATE |
ACTUAL |
BEAT, MET, MISSED |
Jun. 30 2024 |
0.29 |
0.28 |
Missed |
Mar. 31 2024 |
0.52 |
0.36 |
Missed |
Dec. 31 2023 |
0.68 |
0.62 |
Missed |
Sep. 30 2023 |
0.77 |
0.77 |
Met |