Middlefield Banc Corp. (MBCN) Q1 Earnings and Revenues Surpass Estimates

Middlefield Banc Corp. (MBCN) came out with quarterly earnings of $0.60 per share, beating the Zacks Consensus Estimate of$ 0.48 per share. This compares to earnings of $0.51 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 25%. A quarter ago, it was expected that this company would post earnings of$ 0.47 per share when it actually produced earnings of $0.60, delivering a surprise of 27.66%.Over the last four quarters, the comp ...