Retailers Bancorp (MBIN) got here out with quarterly earnings of $0.92 per share, beating the Zacks Consensus Estimate of $0.58 per share. This compares to earnings of $0.51 per share a 12 months in the past. These figures are adjusted for non-recurring objects.
This quarterly report represents an earnings shock of 58.62%. 1 / 4 in the past, it was anticipated that this financial institution holding firm would publish earnings of $0.55 per share when it truly produced earnings of $0.60, delivering a shock of 9.09%.
Over the past 4 quarters, the corporate has surpassed consensus EPS estimates thrice.
Retailers Bancorp, which belongs to the Zacks Banks – Northeast business, posted revenues of $60.32 million for the quarter ended December 2019, surpassing the Zacks Consensus Estimate by 38.01%. This compares to year-ago revenues of $38.91 million. The corporate has topped consensus income estimates two occasions during the last 4 quarters.
The sustainability of…