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

Riverview Bancorp

28/04/2023 24:32

* Riverview Bancorp Inc  RVSB.OQ  reported quarterly
adjusted
earnings of 14 cents​​ per share for the quarter ended in March.
The lone analyst forecast for the quarter was for earnings of 19
cents per share.
    * Revenue fell 0.6% to $14.79 million from a year ago;
analysts
expected $15.60 million. 
    * Riverview Bancorp Inc's reported EPS for the quarter was
14
cents​.
    * The mean earnings estimate of analysts had fallen by
about 9.5%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate 
    * Riverview Bancorp Inc shares had fallen by 0.6% this
quarter and
lost 30.9% so far this year.
    * The company reported quarterly net income of $2.98
million.
    * Wall Street's median 12-month price target for Riverview
Bancorp
Inc is $6.50 
    * 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 from LSEG Refinitiv data
April 27 at 11:32 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      0.19           0.14           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