CB Financial Services (CBFV) Matches Q2 Earnings Estimates

A quarter ago, it was expected that this holding company for Pennsylvania-based Community Bank would post earnings of $0.53 per share when it actually produced earnings of $0.62, delivering a surprise of 16.98%. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. While CB Financial Services has underperformed the market so far this year, the question that comes t ...