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

Riverview Bancorp

29/07/2022 24:06

* Riverview Bancorp Inc  RVSB.OQ  reported quarterly
adjusted
earnings of 21 cents​​ per share for the quarter ended in June.
The lone analyst forecast for the quarter was for earnings of 18
cents per share.
    * Revenue rose 6.2% to $15.79 million from a year ago;
analysts
expected $15.30 million. 
    * Riverview Bancorp Inc's reported EPS for the quarter was
21
cents​.
    * The mean earnings estimate of analysts had risen by
about 5.9%
in the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * Riverview Bancorp Inc shares had risen by 9.7% this
quarter and
lost 6.1% so far this year.
    * The company reported quarterly net income of $4.65
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 July 28
at 11:05 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2022      0.18           0.21           Beat
 Mar. 31 2022      0.19           0.19           Met
 Dec. 31 2021      0.24           0.25           Beat
 Sep. 30 2021      0.20           0.29           Beat