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

Community West Bancshares

19/10/2022 21:22

* Central Valley Community Bancorp  CVCY.OQ  reported
quarterly
adjusted earnings of 55 cents​​ per share for the quarter ended
in September. The mean expectation of five analysts for the
quarter was for earnings of 60 cents per share.
    * Revenue rose 10.7% to $20.16 million from a year ago;
analysts
expected $21.03 million. 
    * Central Valley Community Bancorp's reported EPS for the
quarter
was 55 cents​.
    * The mean earnings estimate of analysts had risen by
about 3.5%
in the last three months.​ 
    * In the last 30 days there have been no negative revisions
of
earnings estimates 
    * Central Valley Community Bancorp shares had risen by 2.9%
this
quarter and lost 12.2% so far this year.
    * The company reported quarterly net income of $6.38
million.
    * Wall Street's median 12-month price target for Central
Valley
Community Bancorp is $19.00 
    * 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 Refinitiv data October
19 at 08:22 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2022      0.60           0.55           Missed
 Jun. 30 2022      0.52           0.56           Beat
 Mar. 31 2022      0.45           0.51           Beat
 Dec. 31 2021      0.52           0.57           Beat