Riverview Bancorp Q1 Adj $0.05 Misses $0.06 Estimate
Portfolio Pulse from Benzinga Newsdesk
Riverview Bancorp (NASDAQ:RVSB) reported Q1 earnings of $0.05 per share, missing the analyst consensus estimate of $0.06 by 16.67%. This represents a 61.54% decrease from the $0.13 per share reported in the same period last year.
July 25, 2024 | 8:01 pm
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Riverview Bancorp reported Q1 earnings of $0.05 per share, missing the analyst estimate of $0.06. This is a significant decrease from $0.13 per share in the same period last year.
The significant miss on earnings estimates and the large year-over-year decrease in earnings per share are likely to negatively impact investor sentiment and the stock price in the short term.
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