Middlefield Banc Corp. (MBCN) Q1 Earnings Surpass Estimates

Middlefield Banc Corp. (MBCN) came out with quarterly earnings of $0.51 per share, beating the Zacks Consensus Estimate of $0.45 per share. This compares to earnings of $0.60 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 13.33%. A quarter ago, it was expected that this company would post earnings of $0.53 per share when it actually produced earnings of $0.44, delivering a surprise of -16.98%.Over the last four quarters, the ...