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

Riverview Bancorp

29/07/2021 21:31

* Riverview Bancorp Inc  RVSB.OQ  reported quarterly adjusted
earnings of 26 cents​​ per share for the quarter ended in June.
The lone analyst forecast for the quarter was for earnings of 14
cents per share.
* Revenue rose 8.2% to $14.87 million from a year ago;  analysts
expected $13.20 million. 
* Riverview Bancorp Inc's reported EPS for the quarter was 26
cents​.
* The mean earnings estimate of analysts had fallen by
about 6.7% 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 held steady so far this
quarter and gained 34.8% so far this year.
* The company reported quarterly net income of $5.76 million.
* Wall Street's median 12-month price target for Riverview
Bancorp Inc is $7.50 
* 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 July 29 at 08:31 p.m.  ​All
figures in US dollars unless otherwise stated