CB Financial Services Q4 EPS $0.60
Portfolio Pulse from Benzinga Newsdesk
CB Financial Services (NASDAQ:CBFV) reported Q4 earnings of $0.60 per share, missing the consensus estimate of $2.22 by 72.97%. This represents a 25% decrease from the $0.80 per share earned in the same quarter last year.
January 31, 2024 | 9:43 pm
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NEGATIVE IMPACT
CB Financial Services reported a substantial miss in Q4 earnings, with EPS at $0.60 compared to the expected $2.22, marking a 25% decrease from the previous year.
The significant earnings miss and year-over-year decline are likely to negatively impact investor sentiment and could lead to a short-term decrease in CBFV's stock price. The magnitude of the miss and the negative growth trend are critical factors for investors.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100