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

CB Financial Services

28/04/2023 21:34

* CB Financial Services Inc  CBFV.OQ  reported quarterly
adjusted
earnings of 79 cents​​ per share for the quarter ended in March.
The mean expectation of two analysts for the quarter was
for earnings of 68 cents per share.
    * Revenue rose 15.1% to $14.39 million from a year ago;
analysts
expected $14.10 million. 
    * CB Financial Services Inc's reported EPS for the quarter
was 79
cents​.
    * The mean earnings estimate of analysts had fallen by
about 5.1%
in the last three months.​ 
    * In the last 30 days, two analysts negatively revised
earnings
estimates 
    * CB Financial Services Inc shares had fallen by 2.5% this
quarter and lost 1.3% so far this year.
    * The company reported quarterly net income of $4.16
million.
    * Wall Street's median 12-month price target for CB
Financial
Services Inc is $23.50 
    * 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
April 28 at 08:34 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 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
 Jun. 30 2022      0.34           0.02           Missed