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After-Hours Earnings Report for July 20, 2012 : MCBI

By: News
Posted: 7/20/2012 12:00:00 AM
Referenced Stocks: MCBI

The following companies are expected to report earnings after hours on 07/20/2012. Visit our Earnings Calendar for a full list of expected earnings releases.

MetroCorp Bancshares, Inc. ( MCBI ) is reporting for the quarter ending June 30, 2012. The bank (southwest) company's consensus earnings per share forecast from the 3 analysts that follow the stock is $0.10. This value represents a -23.08% decrease compared to the same quarter last year. In the past year MCBI has beat the expectations every quarter. The highest one was in the 1st calendar quarter where they beat the consensus by 60%. The days to cover, as reported in the 6/29/2012 12:00:00 AM short interest update, increased145.8717 from previous report on6/15/2012 12:00:00 AM Zacks Investment Research reports that the 2012 Price to Earnings ratio for MCBI is 20.59 vs. an industry ratio of 14.80, implying that they will have a higher earnings growth than their competitors in the same industry.