Meridian Q3 EPS $0.43 Misses $0.51 Estimate, Sales $30.141M Miss $33.620M Estimate

Meridian (NASDAQ:MRBK) reported quarterly earnings of $0.43 per share which missed the analyst consensus estimate of $0.51 by 15.69 percent. This is a 25.86 percent decrease over earnings of $0.58 per share from the same period last year. The company reported quarterly sales of $30.141 million which missed the analyst consensus estimate of $33.620 million by 10.35 percent. This is a 8.85 percent decrease over sales of $33.069 million the same period last year.