Meridian MRBK reported its Q4 earnings results on Monday, January 31, 2022 at 03:41 PM.
Here's what investors need to know about the announcement.
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Earnings
Meridian beat estimated earnings by 27.84%, reporting an EPS of $1.24 versus an estimate of $0.97, which surprised analysts.
Revenue was up $11.55 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.38, which was followed by a 2.5% increase in the share price the next day.
Here's a look at Meridian's past performance:
Quarter | Q3 2021 | Q2 2021 | Q1 2021 | Q4 2020 |
---|---|---|---|---|
EPS Estimate | 1.14 | 1.16 | 1.12 | 0.84 |
EPS Actual | 1.52 | 1.33 | 1.65 | 1.48 |
Revenue Estimate | 35.94M | 34.31M | 31.04M | 31.34M |
Revenue Actual | 38.38M | 37.14M | 42.17M | 44.96M |
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