Analysts Estimate MainStreet Bank (MNSB) to Report a Decline in Earnings: What to Look Out for

Company Overview - MainStreet Bank (MNSB) is expected to report a year-over-year decline in earnings due to lower revenues for the quarter ended September 2024, with a consensus estimate of a loss of $0.04 per share, reflecting a -105.2% change from the previous year [2][8] - Revenues are anticipated to be $16.03 million, which is an 18% decrease compared to the same quarter last year [2] Earnings Estimates and Revisions - The consensus EPS estimate has been revised down by 33.33% over the last 30 days, indicating a reassessment by analysts [3] - The Most Accurate Estimate for MainStreet Bank aligns with the Zacks Consensus Estimate, resulting in an Earnings ESP of 0% [6][7] Earnings Surprise Prediction - The Zacks Earnings ESP model suggests that the lack of recent analyst revisions makes it challenging to predict an earnings beat for MainStreet Bank [7] - Historical performance shows that MainStreet Bank has not surpassed consensus EPS estimates in the last four quarters, with a previous surprise of -15.63% when it reported earnings of $0.27 per share against an expectation of $0.32 [8] Comparative Industry Analysis - In comparison, CB Financial Services (CBFV) is expected to post earnings of $0.51 per share for the same quarter, indicating a -1.9% year-over-year change, with revenues projected at $12.6 million, down 4% from the previous year [10] - CB Financial Services has an Earnings ESP of -1.96% and a Zacks Rank of 4 (Sell), making it difficult to predict an earnings beat [10]