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

CB Financial Services

27/10/2023 22:01

* CB Financial Services Inc  CBFV.OQ  reported quarterly
adjusted
earnings of 52 cents​​ per share for the quarter ended in
September. The mean expectation of two analysts for the quarter
was for earnings of 58 cents per share.
    * Revenue fell 4.5% to $13.13 million from a year ago;
analysts
expected $13.28 million. 
    * CB Financial Services Inc's reported EPS for the quarter
was 52
cents​.
    * The mean earnings estimate of analysts had fallen by
about 3.4%
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 fallen by 0.4% this
quarter and lost 0.6% so far this year.
    * The company reported quarterly net income of $2.67
million.
    * Wall Street's median 12-month price target for CB
Financial
Services Inc is $24.00 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
October 27 at 09:01 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2023      0.58           0.52           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