CVB Financial Q3 2024 GAAP EPS $0.37 Beats $0.35 Estimate, Sales $126.40M Beat $114.78M Estimate
Portfolio Pulse from Benzinga Newsdesk
CVB Financial reported Q3 2024 earnings per share of $0.37, surpassing the analyst estimate of $0.35. The company's sales were $126.40 million, exceeding the expected $114.78 million, despite an 8.19% decrease from the previous year.
October 23, 2024 | 8:52 pm
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CVB Financial's Q3 2024 earnings and sales exceeded analyst expectations, with EPS at $0.37 and sales at $126.40M. However, sales decreased by 8.19% compared to the same period last year.
CVB Financial's earnings and sales both exceeded analyst expectations, which is typically a positive indicator for stock performance. However, the year-over-year sales decline may temper investor enthusiasm.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100