Central Valley Community Q2 EPS $0.54 Misses $0.60 Estimate
Portfolio Pulse from Benzinga Newsdesk
Central Valley Community (NASDAQ:CVCY) reported Q2 earnings of $0.54 per share, missing the analyst consensus estimate of $0.60 by 10 percent. This represents a 3.57 percent decrease from the same period last year.
July 20, 2023 | 8:04 pm
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
Central Valley Community's Q2 earnings missed the analyst consensus estimate by 10 percent, indicating a potential negative impact on the stock.
Earnings reports are a key indicator of a company's financial health. A miss on earnings estimates can lead to a negative market reaction, potentially causing the stock price to drop in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100