Community West Bancshares Q1 EPS $0.31
Portfolio Pulse from Benzinga Newsdesk
Community West Bancshares (CWBC) reported Q1 earnings of $0.31 per share, missing the consensus estimate of $0.45 by 31.11%. This represents a 14.81% increase over the previous year's earnings of $0.27 per share.
April 18, 2024 | 9:08 pm
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Community West Bancshares reported lower-than-expected Q1 earnings, missing analyst estimates but showing year-over-year growth.
Missing the analyst consensus estimate by 31.11% is likely to negatively impact investor sentiment in the short term, despite the year-over-year earnings growth. This discrepancy between expected and actual earnings can lead to a decrease in stock price as investors adjust their expectations.
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