Community West Bancshares Q2 EPS $0.24 Misses $0.25 Estimate, Sales $11.86M Down From $12.06M YoY
Portfolio Pulse from Benzinga Newsdesk
Community West Bancshares (NASDAQ:CWBC) reported Q2 earnings of $0.27 per share, beating the analyst consensus estimate of $0.25 by 8 percent. However, this represents a 10 percent decrease from the same period last year.
July 28, 2023 | 1:02 pm
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Community West Bancshares reported better than expected Q2 earnings but they are down 10% compared to the same period last year.
While the company beat the consensus estimate, the year-over-year decrease in earnings could be a concern for investors. This mixed result may lead to neutral short-term price movement.
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