Merchants Bancorp Q2 EPS $0.60 Misses $1.08 Estimate, Sales $179.199M Beat $161.100M Estimate

Merchants Bancorp (NASDAQ: MBIN) reported quarterly earnings of $0.60 per share which missed the analyst consensus estimate of $1.08 by 44.6 percent. This is a 59.73 percent decrease over earnings of $1.49 per share from the same period last year. The company reported quarterly sales of $179.199 million which beat the analyst consensus estimate of $161.100 million by 11.23 percent. This is a 12.37 percent increase over sales of $159.470 million the same period last year.