CB Financial Services Q2 2024 Adj EPS $0.52 Beats $0.51 Estimate, Sales $12.158M Miss $12.300M Estimate
Portfolio Pulse from Benzinga Newsdesk
CB Financial Services (NASDAQ:CBFV) reported Q2 2024 adjusted EPS of $0.52, beating the estimate of $0.51, but sales of $12.158M missed the $12.300M estimate. EPS decreased by 5.45% YoY, and sales decreased by 9.19% YoY.
July 24, 2024 | 9:35 pm
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CB Financial Services reported Q2 2024 EPS of $0.52, beating estimates by 1.96%, but sales of $12.158M missed estimates by 1.15%. EPS and sales both decreased YoY.
While the EPS beat estimates, the miss on sales and the YoY decline in both EPS and sales suggest mixed results. This could lead to a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100