CB Financial Services Q1 Adj $0.62 Beats $0.55 Estimate
Portfolio Pulse from Benzinga Newsdesk
CB Financial Services (NASDAQ:CBFV) reported Q1 earnings of $0.62 per share, surpassing the analyst consensus of $0.55 by 12.73%, but marking a 19.48% decrease from last year's $0.77 per share.
April 26, 2024 | 8:36 pm
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CB Financial Services reported a Q1 earnings beat but saw a decrease from the previous year's earnings.
The positive earnings beat against analyst expectations suggests a potential short-term positive impact on CBFV's stock price. However, the year-over-year decrease in earnings might temper some of the positive sentiment.
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