CB Financial Services Q3 EPS $0.52 Misses $0.58 Estimate
Portfolio Pulse from Happy Mohamed
CB Financial Services reported Q3 earnings of $0.52 per share, missing the analyst consensus estimate of $0.58 by 10.34 percent. This represents a 26.76 percent decrease from the same period last year.
October 27, 2023 | 8:16 pm
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NEGATIVE IMPACT
CB Financial Services' Q3 earnings missed estimates by 10.34%, a significant decrease from last year's earnings.
Earnings reports are a key indicator of a company's financial health. A miss on earnings estimates, especially by a significant margin, can negatively impact investor sentiment and lead to a decrease in stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100