CB Financial Services Inc reports results for the quarter ended December 31 - Earnings Summary

CB Financial Services

29/01/2025 21:35

* CB Financial Services Inc  CBFV.OQ  reported quarterly
adjusted
earnings of 35 cents​​ per share for the quarter ended December
31, lower than the same quarter last year, when the company
reported EPS of $2.52.  The mean expectation of three analysts
for the quarter was for earnings of 47 cents per share. Wall
Street expected results to range from 43 cents to 49 cents per
share.
    * Revenue fell 52.3% to $13.19 million from a year ago;
analysts
expected $12.18 million. 
    * CB Financial Services Inc's reported EPS for the quarter
was 46
cents​.
    * The company reported quarterly net income of $2.53
billion.
    * CB Financial Services Inc shares had risen by 2.0% this
quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 0.7%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * 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 average consensus recommendation for the banks peer
group is
also "hold"

Wall Street's median 12-month price target for CB Financial
Services Inc is $30.00 
This summary was machine generated from LSEG data January 29 at
09:35 p.m. UTC. ​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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2024      0.47           0.35           Missed
 Sep. 30 2024      0.51           0.55           Beat
 Jun. 30 2024      0.51           0.52           Beat
 Mar. 31 2024      0.55           0.62           Beat