How does MGYR's latest earnings surprise compare to past quarters?
4/7/2025 05:36pm
Magyar Bancorp Inc. (MGYR) has shown a general upward trend in net income over the past quarters, with a few fluctuations. To compare the latest earnings surprise to past quarters, we need to consider the following points:
1. **Latest Earnings Information**: The latest fiscal quarter for MGYR is for Q1 2025, with a net income of $2.09 million. The EPS was $0.34.
2. **Earnings Trend**:
- In Q1 2024, MGYR had a net income of $1.81 million and an EPS of $0.26.
- In Q1 2023, the net income was $1.69 million and the EPS was $0.26.
- In Q1 2022, the net income was $1.65 million and the EPS was $1.00.
|code|Ticker|Name|Date|Net Income YoY|Net Income|market_code|
|---|---|---|---|---|---|---|
|MGYR|MGYR.O|Magyar Bancorp|2021 Q2|393.7704918032787|1506000|185|
|MGYR|MGYR.O|Magyar Bancorp|2021 Q3|227.70137524557956|1668000|185|
|MGYR|MGYR.O|Magyar Bancorp|2021 Q4|95.62575941676792|1610000|185|
|MGYR|MGYR.O|Magyar Bancorp|2022 Q1|26.626776364996264|1693000|185|
3. **Earnings Surprise**: The term "earnings surprise" refers to the difference between the actual earnings per share (EPS) reported by a company and the EPS predicted by analysts. For MGYR, the latest data available is from Q1 2024, where the EPS was $0.26, and no specific surprise amount is available. However, the net income showed a significant increase of 26% from Q1 2024 to Q1 2025.
4. **Profit Margin Improvement**: MGYR's profit margin improved from 22% in Q1 2024 to 25% in Q1 2025, primarily driven by higher revenue.
In conclusion, MGYR's latest earnings in Q1 2025 show a substantial improvement in net income and profit margin compared to the previous quarter, Q1 2024. There is no available data on an earnings surprise for the latest quarter, but the net income increase suggests a positive financial performance.