Community West Bancshares expected to post earnings of 45 cents a share - Earnings Preview

Community West Bancshares

16/04/2024 12:20

* Community West Bancshares  CWBC.OQ   CWBC.O  is expected
to show
a fall in quarterly revenue when it reports  results on April 18
(estimated) for the period ending March 31 2024
    * The Fresno California-based  company is expected to report
a
3.4% decrease in revenue to $20.598 million from $21.31 million
a year ago, according to the mean estimate from 5 analysts,
based on LSEG data.
    * ​LSEG's mean analyst estimate for Community West
Bancshares is
for earnings of 45 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 2
"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 Community
West
Bancshares is $23.50​, above​ its last closing price of $17.97.
​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Dec. 31 2023  0.51        0.51       0.50      Missed  -2.1
 Sep. 30 2023  0.55        0.53       0.54      Beat    1.9
 Jun. 30 2023  0.60        0.60       0.54      Missed  -9.3​
 Mar. 31 2023  0.66        0.66       0.59      Missed  -10.6
 ​​Dec.        0.60        0.61       0.65      Beat    7.3
 31 2022                                                
 Sep. 30 2022  0.60        0.60       0.55      Missed  -7.7​
 Jun. 30 2022  0.53        0.52       0.56      Beat    8.1
 Mar. 31 2022  0.45        0.45       0.51      Beat    12.4
 This summary was machine generated April 16 at 11:20 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)