Central Valley Community Bancorp reports results for the quarter ended in June - Earnings Summary

Community West Bancshares

20/07/2023 21:43

* Central Valley Community Bancorp  CVCY.OQ  reported
quarterly
adjusted earnings of 54 cents​​ per share for the quarter ended
in June. The mean expectation of five analysts for the quarter
was for earnings of 60 cents per share.
    * Revenue rose 2% to $20.21 million from a year ago;
analysts
expected $21.70 million. 
    * Central Valley Community Bancorp's reported EPS for the
quarter
was 54 cents​.
    * The mean earnings estimate of analysts had fallen by
about 6.9%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Central Valley Community Bancorp shares had risen by 12.6%
this
quarter and lost 17.8% so far this year.
    * The company reported quarterly net income of $6.28
million.
    * Wall Street's median 12-month price target for Central
Valley
Community Bancorp is $20.00 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data July
20 at 08:43 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      0.60           0.54           Missed
 Mar. 31 2023      0.66           0.59           Missed
 Dec. 31 2022      0.61           0.65           Beat
 Sep. 30 2022      0.60           0.55           Missed