Codorus Valley Bancorp Q1 EPS $0.44 Misses $0.47 Estimate
Portfolio Pulse from Benzinga Newsdesk
Codorus Valley Bancorp (NASDAQ:CVLY) reported Q1 earnings of $0.44 per share, missing the consensus estimate of $0.47. This represents a 39.73% decrease from the $0.73 per share reported in the same period last year.
April 25, 2024 | 9:14 pm
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NEGATIVE IMPACT
Codorus Valley Bancorp reported a significant miss in Q1 earnings and a notable decrease from the previous year.
Missing the earnings estimate and reporting a significant year-over-year decrease is likely to negatively impact investor sentiment and could lead to a short-term decrease in stock price.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100