Get ready to mark your calendars because the much anticipated third quarter financial results of Metropolitan Bank Holding (NYSE: MCB) are set to be unveiled on Thursday 17th October 2024. Investors and market watchers will have the chance to dive into the company's financial performance as the announcement is scheduled after market close.
According to the predictions of financial experts on Wall Street, the establishment is set to unveil an estimated $1.55 profit per share for the quarter. Additionally, the company is expected to report a total revenue of $66.73 million for the specific period.
Wall street experts have shared their forecasts for the company's annual performance, indicating that they predict the company will achieve a total revenue of $268.34 million. Additionally, they are expecting the earnings per share for the company to hit profit of $6.07 during the fiscal year.
Looking back at the corresponding quarter from the previous year, the company's earnings report revealed a per-share income of $1.97. This notable figure was attributed to the company's total revenue, which settled at an impressive $60.07 million during that specific quarter.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Historical Earnings Insight | ||||
| Q2 2024 | $1.50 | +9.5% | 67.68 M | +9.9% |
| Q1 2024 | $1.46 | -35.1% | 66.71 M | +1.8% |
| Q4 2023 | $1.28 | -47.3% | 63.56 M | -9.5% |
| Q3 2023 | $1.97 | -11.7% | 60.07 M | -13.1% |
| Q2 2023 | $1.37 | -33.8% | 61.61 M | -1.1% |
| *Growth on year-over-year basis | ||||
MCB has scheduled a conference call on 18th October 2024 at 09:00 AM eastern time to discuss the third quarter financial results and other related information.
Metropolitan Bank Holding (MCB) closed Wednesday's regular trading session at $60.42, indicating a 2.42 percent advance, with a volume of 160.40 thousand shares.