MB Financial Earnings: Here’s Why Investors are Excited Now
MB Financial Inc. (NASDAQ:MBFI) delivered a profit and beat Wall Street’s expectations, AND beat the revenue expectation. The revenue beat is a positive sign to shareholders seeking high growth out of the company. Shares are down 0%.
MB Financial Inc. Earnings Cheat Sheet
Results: Adjusted Earnings Per Share increased 39.39% to $0.46 in the quarter versus EPS of $0.33 in the year-earlier quarter.
Revenue: Decreased 5.55% to $106.06 million from the year-earlier quarter.
Actual vs. Wall St. Expectations: MB Financial Inc. reported adjusted EPS income of $0.46 per share. By that measure, the company beat the mean analyst estimate of $0.42. It beat the average revenue estimate of $74.02 million.
Quoting Management: There was no comment from the management.
Key Stats (on next page)…