MainStreet Bancshares ($MNSB) Gearing Up To Release Q3 2024 Earnings Report

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On Monday 28th October 2024, investors and market participants can expect the release of MainStreet Bancshares (NASDAQ: MNSB) third quarter financial results. This crucial announcement will be made before market open.

The latest projections from financial analysts on Wall Street suggest that the enterprise is likely to reveal an estimated $0.07 profit per share for the quarter. Additionally, the company is expected to announce revenueS of $15.87 million for the period.

During the same quarter of the previous year, the company's earnings report indicated a per-share income of $0.77. This noteworthy figure was a direct outcome of the company's total revenue, which reached an impressive $19.54 million during that specific period.

The experts on Wall Street have shared their predictions for how well the company will do this year. They think the total revenue will be around $63.02 million. They also believe the company will reach about profit of $0.92 per share for the fiscal year.

Period EPS
Actual
EPS
Growth*
Revenue
Actual
Revenue
Growth*
Historical Earnings Insight
Q2 2024 $0.27 -68.2% 16.16 M -19.5%
Q1 2024 $0.36 -64.4% 16.26 M -26.4%
Q4 2023 $0.61 -35.8% 17.87 M -17.5%
Q3 2023 $0.77 -20.6% 19.54 M +0.5%
Q2 2023 $0.85 +19.7% 20.08 M +15.5%
*Growth on year-over-year basis

 

Throughout Thursday's trading, MainStreet Bancshares (MNSB) shares fluctuated between $18.11 and $18.48, with a trading volume of 4.30 thousand shares. The stock ended the regular trading session at $18.47, indicating a gain of 2.90 percent.