Mechanics Bancorp Q2 EPS $0.25 Misses $0.26 Estimate, Sales $200.968M Miss $203.048M Estimate
Mechanics Bancorp (NASDAQ:MCHB) reported quarterly earnings of $0.25 per share which missed the analyst consensus estimate of $0.26 by 3.85 percent. This is a 25 percent increase over earnings of $0.20 per share from
Mechanics Bancorp made slightly less money than experts predicted this quarter—both its profit per share and total sales came up a little short. When a company misses what people expected, it can make investors pause and think about whether the business is growing as fast as they thought.
Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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