Civista Bancshares Inc expected to post earnings of 58 cents a share - Earnings Preview

Civista Bancshares

06/02/2024 16:43

* Civista Bancshares Inc  CIVB.OQ   CIVB.O  is expected
to show a
fall in quarterly revenue when it reports  results on February 8
for the period ending December 31 2023
    * The Sandusky Ohio-based  company is expected to report a
7.3% decrease in revenue to $39.508 million from $42.63 million
a year ago, according to the mean estimate from 3 analysts,
based on LSEG data. (SAL is on Operating Revenue basis)
    * ​LSEG's mean analyst estimate for Civista Bancshares Inc
is for
earnings of 58 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Civista
Bancshares Inc is $20.00​, above​ its last closing price
of $15.96. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2023  0.61        0.61       0.66      Beat    8.7
 Jun. 30 2023  0.72        0.72       0.64      Missed  -10.6
 Mar. 31 2023  0.80        0.81       0.82      Beat    1.8​
 Dec. 31 2022  0.75        0.75       0.77      Beat    2.4
 ​​Sep.        0.59        0.57       0.72      Beat    27.4
 30 2022                                                
 Jun. 30 2022  0.51        0.50       0.53      Beat    6.4​
 Mar. 31 2022  0.64        0.63       0.57      Missed  -9.4
 Dec. 31 2021  0.61        0.61       0.73      Beat    20.3
 This summary was machine generated February 6 at 16:43 GMT.  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)