CB Financial Services Inc reports results for the quarter ended in March - Earnings Summary

• CB Financial Services Inc CBFV reported quarterly adjusted earnings of 62 cents​​ per share for the quarter ended in March, lower than the same quarter last year, when the company reported EPS of 79 cents. The mean expectation of three analysts for the quarter was for earnings of 55 cents per share. Wall Street expected results to range from 52 cents to 59 cents per share.

• Revenue fell 6.2% to $13.51 million from a year ago; analysts expected $12.25 million.

• CB Financial Services Inc's reported EPS for the quarter was 82 cents​.

• The company reported quarterly net income of $4.2 million.

• CB Financial Services Inc shares had risen by 0.7% this quarter and lost 8.5% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 1.1% in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy," 3 "hold" and no "sell" or "strong sell."

• Wall Street's median 12-month price target for CB Financial Services Inc is $25.00

This summary was machine generated from LSEG data April 27 at 10:39 a.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)