Riverview Bancorp Q2 EPS $0.07 Beats $0.04 Estimate
Portfolio Pulse from Benzinga Newsdesk
Riverview Bancorp reported Q2 earnings per share of $0.07, surpassing the analyst estimate of $0.04 by 75%, despite a 41.67% decrease from the previous year's $0.12 per share.
October 24, 2024 | 8:03 pm
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Riverview Bancorp's Q2 EPS of $0.07 exceeded expectations by 75%, though it represents a 41.67% decline from last year. This earnings beat may positively influence short-term stock performance.
The significant earnings beat of 75% over analyst estimates is likely to have a positive impact on Riverview Bancorp's stock price in the short term. However, the year-over-year decline in EPS may temper some of the enthusiasm.
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IMPORTANCE 80
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