Malvern Bancorp Inc reports results for the quarter ended in March - Earnings Summary

Malvern Bancorp

12/05/2023 23:43

* Malvern Bancorp Inc  MLVF.OQ  reported quarterly adjusted
earnings of 8 cents​​ per share for the quarter ended in March.
The lone analyst forecast for the quarter was for earnings of 23
cents per share.
    * Revenue fell 4.8% to $6.88 million from a year ago;
analysts
expected $7.97 million. 
    * Malvern Bancorp Inc's reported EPS for the quarter was 8
cents​.
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Malvern Bancorp Inc shares had fallen by 4.0% this
quarter and
lost 17.8% so far this year.
    * The company reported quarterly net income of $571
thousand.
    * Wall Street's median 12-month price target for Malvern
Bancorp
Inc is $19.00 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data May
12 at 10:43 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      0.23           0.08           Missed
 Dec. 31 2022      0.27           0.25           Missed
 Sep. 30 2022      0.29           0.34           Beat
 Jun. 30 2022      0.23           0.24           Beat