CB Financial Services Inc reports results for the quarter ended in June - Earnings Summary

CB Financial Services

28/07/2023 22:33

* CB Financial Services Inc  CBFV.OQ  reported quarterly
adjusted
earnings of 54 cents​​ per share for the quarter ended in June.
The mean expectation of two analysts for the quarter was
for earnings of 70 cents per share.
    * Revenue rose 9.1% to $13.39 million from a year ago;
analysts
expected $14.09 million. 
    * CB Financial Services Inc's reported EPS for the quarter
was 54
cents​.
    * The mean earnings estimate of analysts had risen by
about 6.9%
in the last three months.​ 
    * In the last 30 days, there have been no negative revisions
of
earnings estimates 
    * CB Financial Services Inc shares had risen by 8.6% this
quarter and gained 4.9% so far this year.
    * The company reported quarterly net income of $2.76
million.
    * Wall Street's median 12-month price target for CB
Financial
Services Inc is $23.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data July
28 at 09:33 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      0.70           0.54           Missed
 Mar. 31 2023      0.68           0.79           Beat
 Dec. 31 2022      0.79           0.81           Beat
 Sep. 30 2022      0.56           0.77           Beat