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

Riverview Bancorp

27/10/2022 21:22

* Riverview Bancorp Inc  RVSB.OQ  reported quarterly
adjusted
earnings of 24 cents​​ per share for the quarter ended in
September. The lone analyst forecast for the quarter was
for earnings of 22 cents per share.
    * Revenue rose 7.2% to $16.57 million from a year ago;
analysts
expected $16.20 million. 
    * Riverview Bancorp Inc's reported EPS for the quarter was
24
cents​.
    * The mean earnings estimate of analysts was unchanged 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 5.5% this
quarter and
lost 12.9% so far this year.
    * The company reported quarterly net income of $5.19
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 October
27 at 08:22 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2022      0.22           0.24           Beat
 Jun. 30 2022      0.18           0.21           Beat
 Mar. 31 2022      0.19           0.19           Met
 Dec. 31 2021      0.24           0.25           Beat