Ohio Valley Banc Q4 EPS $0.68 Down From $0.74 YoY
Portfolio Pulse from Benzinga Newsdesk
Ohio Valley Banc (NASDAQ:OVBC) reported a decrease in quarterly earnings to $0.68 per share, down from $0.74 per share year-over-year, representing an 8.11% decline.
January 25, 2024 | 5:53 pm
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Ohio Valley Banc reported a year-over-year decrease in quarterly earnings, with EPS falling from $0.74 to $0.68.
The reported decrease in earnings per share (EPS) is typically viewed negatively by investors as it may indicate a reduction in profitability or growth challenges. This could lead to a short-term negative impact on the stock price of Ohio Valley Banc.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100