Citizens Community Bancorp Inc reports results for the quarter ended in March - Earnings Summary

Citizens Community Bancorp

30/04/2024 02:42

* Citizens Community Bancorp Inc  CZWI.OQ  reported
quarterly
adjusted earnings of 39 cents​​ per share for the quarter ended
in March, higher than the same quarter last year, when the
company reported EPS of 35 cents.  The mean expectation of
two analysts for the quarter was for earnings of 26 cents per
share. Wall Street expected results to range from 24 cents to 28
cents per share.
    * Revenue rose 4.1% to $13.32 million from a year ago;
analysts
expected $11.65 million. 
    * Citizens Community Bancorp Inc's reported EPS for the
quarter
was 39 cents​.
    * The company reported quarterly net income of $4.09
million.
    * Citizens Community Bancorp Inc shares had fallen by 14.7%
this
quarter and lost 11.5% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 10.6%
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
"strong buy"
and the breakdown of recommendations is 2 "strong buy" or
"buy," no "hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the banks peer
group is
 "buy."

Wall Street's median 12-month price target for Citizens
Community Bancorp Inc is $13.50 
This summary was machine generated from LSEG data April 30 at
01:42 a.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
 Mar. 31 2024      0.26           0.39           Beat
 Dec. 31 2023      0.26           0.35           Beat
 Sep. 30 2023      0.26           0.36           Beat
 Jun. 30 2023      0.27           0.31           Beat