Meridian Bank reported quarterly EPS of $0.39, missing the Zacks Consensus Estimate of $0.48 by $0.09, or about 18.8%. The result was still above the $0.21 earned a year ago, indicating year-over-year improvement despite the estimate miss. The headline is likely to pressure shares modestly, as the miss outweighs the annual gain.
Meridian Bank reported quarterly EPS of $0.39, missing the Zacks Consensus Estimate of $0.48 by $0.09, or about 18.8%. The result was still above the $0.21 earned a year ago, indicating year-over-year improvement despite the estimate miss. The headline is likely to pressure shares modestly, as the miss outweighs the annual gain.
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moderately negative
Sentiment Score
-0.35
Ticker Sentiment
