Middlefield Banc Corp. (MBCN) Q2 Earnings and Revenues Surpass Estimates

This quarterly report represents an earnings surprise of 23.81%. A quarter ago, it was expected that this company would post earnings of $0.45 per share when it actually produced earnings of $0.51, delivering a surprise of 13.33%. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. While Middlefield Banc has underperformed the market so far this year, the questio ...