Earnings

Recap: Macatawa Bank Q4 Earnings

Macatawa Bank (NASDAQ:MCBC) reported its Q4 earnings results on Thursday, January 27, 2022 at 04:00 PM. Here's what investors need to know about the announcement.

byBenzinga Insights

January 27, 2022

1 minute read

Macatawa Bank (NASDAQ:MCBC) reported its Q4 earnings results on Thursday, January 27, 2022 at 04:00 PM.

Here’s what investors need to know about the announcement.

Earnings

Macatawa Bank missed estimated earnings by 5.26%, reporting an EPS of $0.18 versus an estimate of $0.19, which did not surprise analysts.

Revenue was up $5.41 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.0, which was followed by a 0.0% increase in the share price the next day.

Here’s a look at Macatawa Bank’s past performance:

Quarter	Q3 2021	Q2 2021	Q1 2021	Q4 2020
EPS Estimate	0.21	0.23	0.22	0.20
EPS Actual	0.21	0.23	0.23	0.26
Revenue Estimate	20.78M	21.14M	21.40M	21.43M
Revenue Actual	19.94M	20.63M	21.03M	23.59M

To track all upcoming earnings announcements, click to use Benzinga Earnings Calendar.

This article was generated by Benzinga’s automated content engine and reviewed by an editor.

Here’s How Much You Would Have Made Owning Adobe Stock In The Last 20 Years

By Benzinga Insights

Today, 6:20 PM

Adobe (NASDAQ:ADBE) has outperformed the market over the past 20 years by 10.05% on an annualized basis producing an average annual return of 16.71%. Currently, Adobe has a market capitalization of $187.21 billion.

ADBE

Earnings

Qualtrics International Earnings Preview

By Benzinga Insights

Today, 6:20 PM

Qualtrics International (NASDAQ:XM) is set to give its latest quarterly earnings report on Thursday, 2022-04-21. Here's what investors need to know before the announcement. Analysts estimate that Qualtrics International will report an earnings per share (EPS) of $-0.01.

Container Ship Scores ‘Off The Charts,’ ‘Fantasy’ Charter Rate: $135,000/Day

By FreightWaves

Today, 6:20 PM

In a sign of just how frenzied the container market has become, a freight forwarder is reportedly paying $135,000 per day for a short-term charter of the S Santiago, a container ship with a capacity of 5,060 twenty-foot equivalent units (TEUs). "Charter rates for short employment … have gone out of control," said Alphaliner in its new weekly report.

ATCO