Metropolitan Bank Holding Earnings Preview
Benzinga Insights 2 years ago
Earnings
Metropolitan Bank Holding (NYSE:MCB) is set to give its latest quarterly earnings report on Thursday, 2024-07-18. Here's what investors need to know before the announcement.
Analysts estimate that Metropolitan Bank Holding will report an earnings per share (EPS) of $1.57.
Anticipation surrounds Metropolitan Bank Holding's announcement, with investors hoping to hear about both surpassing estimates and receiving positive guidance for the next quarter.
New investors should understand that while earnings performance is important, market reactions are often driven by guidance.
Past Earnings Performance
During the last quarter, the company reported an EPS beat by $0.12, leading to a 18.01% increase in the share price on the subsequent day.
Here's a look at Metropolitan Bank Holding's past performance and the resulting price change:
| Quarter | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
|---|---|---|---|---|
| EPS Estimate | 1.57 | 1.34 | 1.48 | 1.63 |
| EPS Actual | 1.50 | 1.46 | 1.28 | 1.97 |
| Price Change % | 3.0% | 18.0% | -2.0% | 3.0% |
This article was generated by Benzinga's automated content engine and reviewed by an editor.