Midwest Holding (NASDAQ: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.
Earnings
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.
Past Earnings Performance
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.
