Civista Bancshares Inc reports results for the quarter ended in June - Earnings Summary

Civista Bancshares

28/07/2022 14:32

* Civista Bancshares Inc  CIVB.OQ  reported quarterly
adjusted
earnings of 53 cents​​ per share for the quarter ended in June.
The mean expectation of six analysts for the quarter was
for earnings of 50 cents per share.
    * Revenue fell 3.8% to $29.90 million from a year ago;
analysts
expected $31.74 million. 
    * Civista Bancshares Inc's reported EPS for the quarter was
53
cents​.
    * The mean earnings estimate of analysts had fallen by
about 7% in
the last three months.​ 
    * In the last 30 days two analysts negatively revised
earnings
estimates 
    * Civista Bancshares Inc shares had risen by 5.5% this
quarter and
lost 8.1% so far this year.
    * The company reported quarterly net income of $7.7 million.
    * Wall Street's median 12-month price target for Civista
Bancshares Inc is $28.25 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data July 28
at 01:32 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2022      0.50           0.53           Beat
 Mar. 31 2022      0.63           0.57           Missed
 Dec. 31 2021      0.61           0.73           Beat
 Sep. 30 2021      0.62           0.64           Beat