MT Bank Corporation (MTB) Q2 Earnings Meet Estimates
MT Bank Corporation (NYSE: MTB ) came out with quarterly earnings of $3.10 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $3.45 per share a year ago. These figures are adjusted for non-recurring items. A quarter ago, it was expected that this company would post earnings of $2.26 per share when it actually produced earnings of $2.73, delivering a surprise of 20.80%. Over the last four quarters, the company has surpassed consensus EPS estimates three times. MT Bank Corporation, which belongs to the Zacks Banks - Major Regional industry, posted revenues of $1.98 billion for the quarter ended June 2022, missing the Zacks Consensus Estimate by 2.22%. This compares to year-ago revenues of $1.46 billion. The company has topped consensus revenue estimates two times over the last four quarters. The sustainability of the stock''s immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management''s commentary on the earnings call.
MT Bank Corporation (MTB) Q2 Earnings Meet Estimates
MT Bank Corporation (NYSE: MTB ) came out with quarterly earnings of $3.10 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $3.45 per share a year ago. These figures are adjusted for non-recurring items. A quarter ago, it was expected that this company would post earnings of $2.26 per share when it actually produced earnings of $2.73, delivering a surprise of 20.80%. Over the last four quarters, the company has surpassed consensus EPS estimates three times. MT Bank Corporation, which belongs to the Zacks Banks - Major Regional industry, posted revenues of $1.98 billion for the quarter ended June 2022, missing the Zacks Consensus Estimate by 2.22%. This compares to year-ago revenues of $1.46 billion. The company has topped consensus revenue estimates two times over the last four quarters. The sustainability of the stock''s immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management''s commentary on the earnings call.