Farmers & Merchants (NASDAQ:FMAO) reported its Q1 earnings results on Wednesday, April 19, 2023 at 04:30 PM.
Here’s what investors need to know about the announcement.
Earnings
Farmers & Merchants missed estimated earnings by 14.55%, reporting an EPS of $0.47 versus an estimate of $0.55.
Revenue was up $1.73 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.02 which was followed by a 8.14% drop in the share price the next day.
Here’s a look at Farmers & Merchants’s past performance:
| Quarter | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|
| EPS Estimate | 0.67 | 0.73 | 0.61 | 0.56 |
| EPS Actual | 0.65 | 0.68 | 0.63 | 0.62 |
| Revenue Estimate | 24.30M | 22.80M | 20.60M | 19.57M |
| Revenue Actual | 26.70M | 26.32M | 25.18M | 24.13M |
Listen to the earnings announcement yourself by clicking here.
To track all earnings releases for Farmers & Merchants visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
