Provident Bancorp Inc (Maryland) reports results for the quarter ended in September - Earnings Summary

Provident Bancorp (Maryland)

27/01/2023 14:11

* Provident Bancorp Inc (Maryland)  PVBC.OQ  reported a
quarterly
adjusted loss of $2.15​​ per share for the quarter ended in
September. The lone analyst forecast for the quarter was
for earnings of 28 cents per share.
    * Revenue rose 27.4% to $19.76 million from a year ago;
analysts
expected $19.50 million. 
    * Provident Bancorp Inc (Maryland)'s reported EPS for the
quarter
was a loss of $2.15​.
    * 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. 
    * Provident Bancorp Inc (Maryland) shares had risen by 13.9%
this
quarter.
    * The company reported a quarterly loss of $35.31 million.
    * Wall Street's median 12-month price target for Provident
Bancorp
Inc (Maryland) is $12.00 
    * 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 Refinitiv data January
27 at 02:11 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2022      0.28           -2.15          Missed
 Jun. 30 2022      0.27           0.33           Beat
 Mar. 31 2022      0.26           0.32           Beat
 Dec. 31 2021      0.25           0.21           Missed