Codorus Valley Bancorp Inc reports results for the quarter ended in December - Earnings Summary

Codorus Valley Bancorp

25/01/2024 23:51

* Codorus Valley Bancorp Inc  CVLY.OQ  reported quarterly
adjusted
earnings of 57 cents​​ per share for the quarter ended in
December.  The lone analyst forecast for the quarter was
for earnings of 53 cents per share. 
    * Revenue was $20.67 million​; analysts expected $22.50
million. 
    * Codorus Valley Bancorp Inc's reported EPS for the quarter
was 57
cents​.
    * The company reported quarterly net income of $5.45
million.
    * Codorus Valley Bancorp Inc shares had fallen by 2.6% this
quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 8.2%
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 1 "strong buy" or
"buy," no "hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the banks peer
group is
also "strong buy"

Wall Street's median 12-month price target for Codorus Valley
Bancorp Inc is $22.00 
This summary was machine generated from LSEG data January 25 at
11:51 p.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
 Dec. 31 2023      0.53           0.57           Beat
 Sep. 30 2023      0.54           0.61           Beat