Community West Bancshares Q2 EPS $(0.33) Down From $0.54 YoY
Portfolio Pulse from Benzinga Newsdesk
Community West Bancshares (NASDAQ:CWBC) reported a significant decline in its Q2 earnings, with a loss of $(0.33) per share compared to a profit of $0.54 per share in the same period last year, marking a 161.11% decrease.
July 23, 2024 | 8:03 pm
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Community West Bancshares reported a Q2 loss of $(0.33) per share, a significant decline from the $0.54 per share profit in the same period last year. This 161.11% decrease is likely to negatively impact the stock price in the short term.
The significant year-over-year decline in earnings per share from a profit of $0.54 to a loss of $(0.33) is likely to negatively impact investor sentiment and the stock price in the short term.
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