MainStreet Bancshares (NASDAQ:MNSB) is preparing to release its quarterly earnings on Monday, 2024-10-28. Here's a brief overview of what investors should keep in mind before the announcement.
Analysts expect MainStreet Bancshares to report an earnings per share (EPS) of $0.28.
The announcement from MainStreet Bancshares is eagerly anticipated, with investors seeking news of surpassing estimates and favorable guidance for the next quarter.
It's worth noting for new investors that guidance can be a key determinant of stock price movements.
Past Earnings Performance
The company's EPS missed by $0.02 in the last quarter, leading to a 1.64% drop in the share price on the following day.
Here's a look at MainStreet Bancshares's past performance and the resulting price change:
| Quarter | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
|---|---|---|---|---|
| EPS Estimate | 0.29 | 0.52 | 0.67 | 0.77 |
| EPS Actual | 0.27 | 0.36 | 0.61 | 0.77 |
| Price Change % | -2.0% | 5.0% | -0.0% | 1.0% |
MainStreet Bancshares Share Price Analysis
Shares of MainStreet Bancshares were trading at $18.47 as of October 24. Over the last 52-week period, shares are down 6.77%. Given that these returns are generally negative, long-term shareholders are likely a little upset going into this earnings release.
To track all earnings releases for MainStreet Bancshares visit their earnings calendar on our site.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
