Codorus Valley Bancorp Q3 EPS $0.61 Beats $0.54 Estimate, Sales $23.57M Beat $23.00M Estimate
Portfolio Pulse from Happy Mohamed
Codorus Valley Bancorp (NASDAQ:CVLY) reported Q3 earnings of $0.61 per share, beating the analyst consensus estimate of $0.54 by 12.96%. However, this is a 18.67% decrease from the same period last year. The company also reported quarterly sales of $23.57 million, beating the estimate of $23.00 million by 2.46%, but this is a 1.66% decrease from last year.
October 26, 2023 | 9:13 pm
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NEUTRAL IMPACT
Codorus Valley Bancorp's Q3 earnings and sales beat estimates but show a decrease from the same period last year.
While Codorus Valley Bancorp beat earnings and sales estimates, the decrease from the same period last year could potentially concern investors, leading to a neutral short term impact on the stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100