Ohio Valley Banc Q1 EPS $0.58 Down From $0.82 YoY, Sales $14.89M Down From $15.49M YoY
Portfolio Pulse from Benzinga Newsdesk
Ohio Valley Banc (NASDAQ:OVBC) reported a decrease in Q1 earnings to $0.58 per share, down from $0.82 YoY, with sales falling to $14.89M from $15.49M YoY.
April 26, 2024 | 7:46 am
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Ohio Valley Banc reported a 29.27% decrease in Q1 EPS to $0.58 from $0.82 YoY and a 3.89% decrease in sales to $14.89M from $15.49M YoY.
The reported decrease in both earnings per share and sales for Ohio Valley Banc indicates a negative performance for the quarter compared to the previous year. This is likely to negatively impact investor sentiment and could lead to a short-term decrease in stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100