Meridian Q2 EPS $0.48 Misses $0.51 Estimate, Sales $32.674M Miss $34.295M Estimate

Meridian (NASDAQ:MRBK) reported quarterly earnings of $0.48 per share which missed the analyst consensus estimate of $0.51 by 5.88 percent. This is a 2.04 percent decrease over earnings of $0.49 per share from the same period last year. The company reported quarterly sales of $32.674 million which missed the analyst consensus estimate of $34.295 million by 4.73 percent. This is a 0.70 percent increase over sales of $32.447 million the same period last year.