CB Financial Services Inc expected to post earnings of 51 cents a share - Earnings Preview

CB Financial Services

24/07/2024 12:22

* CB Financial Services Inc  CBFV.OQ   CBFV.O  is expected
to show
a fall in quarterly revenue when it reports  results on August 2
(estimated) for the period ending June 30 2024
    * The Carmichaels Pennsylvania-based  company is expected to
report a 8.1% decrease in revenue to $12.3 million from $13.39
million a year ago, according to the mean estimate from 2
analysts, based on LSEG data. (SAL is on Revenue basis)
    * ​LSEG's mean analyst estimate for CB Financial Services
Inc is
for earnings of 51 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for CB
Financial
Services Inc is $24.00​, above​ its last closing price
of $23.72. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Mar. 31 2024  0.55        0.55       0.62      Beat    12.7
 Dec. 31 2024  2.22        2.22       2.52      Beat    13.5
 Sep. 30 2023  0.58        0.58       0.52      Missed  -11​
 Jun. 30 2023  0.69        0.70       0.54      Missed  -22.3
 ​​Mar.        0.68        0.68       0.79      Beat    15.6
 31 2023                                                
 Dec. 31 2022  0.78        0.79       0.81      Beat    3.2​
 Sep. 30 2022  0.56        0.56       0.77      Beat    37.5
 Jun. 30 2022  0.30        0.34       0.02      Missed  -94.1
 This summary was machine generated July 24 at 11:22 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)