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

Riverview Bancorp

27/07/2023 21:51

* Riverview Bancorp Inc  RVSB.OQ  reported quarterly
adjusted
earnings of 13 cents​​ per share for the quarter ended in June.
The lone analyst forecast for the quarter was for earnings of 13
cents per share.
    * Revenue rose 9.2% to $17.24 million from a year ago;
analysts
expected $13.80 million. 
    * Riverview Bancorp Inc's reported EPS for the quarter was
13
cents​.
    * The mean earnings estimate of analysts had fallen by
about 27.8%
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 risen by 10.9% this
quarter and
lost 27.2% so far this year.
    * The company reported quarterly net income of $2.84
million.
    * Wall Street's median 12-month price target for Riverview
Bancorp
Inc is $6.00 
    * 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 LSEG Refinitiv data July
27 at 08:50 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      0.13           0.13           Met
 Mar. 31 2023      0.19           0.14           Missed
 Dec. 31 2022      0.24           0.24           Met
 Sep. 30 2022      0.22           0.24           Beat