Middlefield Banc Corp. (MBCN) Lags Q3 Earnings and Revenue Estimates

Middlefield Banc Corp. (MBCN) came out with quarterly earnings of $0.29 per share, missing the Zacks Consensus Estimate of $0.47 per share. This compares to earnings of $0.47 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -38.30%. A quarter ago, it was expected that this company would post earnings of $0.42 per share when it actually produced earnings of $0.52, delivering a surprise of 23.81%. Over the last four quarters, th ...