Farmers & Merchants Bancorp Inc reports results for the quarter ended December 31 - Earnings Summary

• Farmers & Merchants Bancorp Inc FMAO.OQ reported quarterly adjusted earnings of 61 cents​​ per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of 41 cents. The mean expectation of four analysts for the quarter was for earnings of 48 cents per share. Wall Street expected results to range from 46 cents to 50 cents per share.

• Revenue rose 14.5% to $22.83 million from a year ago; analysts expected $24.11 million.

• Farmers & Merchants Bancorp Inc's reported EPS for the quarter was 61 cents​.

• The company reported quarterly net income of $8.38 million.

• Farmers & Merchants Bancorp Inc shares had fallen by 7.5% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 0.5% in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy," 4 "hold" and no "sell" or "strong sell."

• The average consensus recommendation for the banks peer group is also "hold"

Wall Street's median 12-month price target for Farmers & Merchants Bancorp Inc is $29.50

This summary was machine generated from LSEG data February 12 at 09:52 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)