Riverview Bancorp Inc reports results for the quarter ended in December - Earnings Summary

Riverview Bancorp

26/01/2023 21:48

* Riverview Bancorp Inc  RVSB.OQ  reported quarterly
adjusted
earnings of 24 cents​​ per share for the quarter ended in
December. The lone analyst forecast for the quarter was
for earnings of 24 cents per share.
    * Revenue rose 10% to $16.66 million from a year ago;
analysts
expected $16.80 million. 
    * Riverview Bancorp Inc's reported EPS for the quarter was
24
cents​.
    * The mean earnings estimate of analysts had risen by
about 14.3%
in the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Riverview Bancorp Inc shares had fallen by 6.8% this
quarter.
    * The company reported quarterly net income of $5.24
million.
    * Wall Street's median 12-month price target for Riverview
Bancorp
Inc is $8.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 1 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data January
26 at 09:48 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      0.24           0.24           Met
 Sep. 30 2022      0.22           0.24           Beat
 Jun. 30 2022      0.18           0.21           Beat
 Mar. 31 2022      0.19           0.19           Met