Meridian (NASDAQ: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.
Also check out: Executives buy around $88 million of four stocks
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 |
Listen to the earnings announcement yourself by clicking here.
To track all upcoming earnings announcements, click to use Benzinga Earnings Calendar.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
