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What happened, with direct paths to the underlying reporting
- MCB's quarterly earnings at $1.46 per share beat estimates and show a 14.06% surprise. - Company's revenue of $66.71 million for the quarter also exceeded expectations by 4.29%. - MCB shares have declined 41% this year, underperforming the market which gained 5.3%. - Estimate revisions trend for MCB is unfavorable, translating to a Zacks Rank #5 (Strong Sell). Price Impact Rating: Bearish Impact Horizon Rating: Short-term Type: Earnings
- MCB's quarterly earnings at $1.46 per share beat estimates and show a 14.06% surprise.
- Company's revenue of $66.71 million for the quarter also exceeded expectations by 4.29%.
- MCB shares have declined 41% this year, underperforming the market which gained 5.3%.
- Estimate revisions trend for MCB is unfavorable, translating to a Zacks Rank #5 (Strong Sell).
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