CB Financial Services Inc reports results for the quarter ended December 31 - Earnings Summary

• CB Financial Services Inc CBFV.OQ reported quarterly adjusted earnings of 35 cents​​ per share for the quarter ended December 31, lower than the same quarter last year, when the company reported EPS of $2.52. The mean expectation of three analysts for the quarter was for earnings of 47 cents per share. Wall Street expected results to range from 43 cents to 49 cents per share.

• Revenue fell 52.3% to $13.19 million from a year ago; analysts expected $12.18 million.

• CB Financial Services Inc's reported EPS for the quarter was 46 cents​.

• The company reported quarterly net income of $2.53 billion.

• CB Financial Services Inc shares had risen by 2.0% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 0.7% in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy," 3 "hold" and no "sell" or "strong sell."

• The average consensus recommendation for the banks peer group is also "hold"

Wall Street's median 12-month price target for CB Financial Services Inc is $30.00

This summary was machine generated from LSEG data January 29 at 09:35 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)