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.

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.

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.