Core Viewpoint - Wall Street anticipates a year-over-year decline in earnings for CB Financial Services due to lower revenues, with the actual results being crucial for stock price movement [1] Earnings Expectations - CB Financial Services is expected to report quarterly earnings of $0.51 per share, reflecting a year-over-year decrease of 1.9% [2] - Revenues are projected to be $12.6 million, down 4% from the same quarter last year [2] Estimate Revisions - The consensus EPS estimate has remained unchanged over the last 30 days, indicating a stable outlook from covering analysts [3] - The Most Accurate Estimate for CB Financial Services is lower than the Zacks Consensus Estimate, leading to an Earnings ESP of -1.96%, suggesting a bearish sentiment among analysts [6] Earnings Surprise Prediction - The Zacks Earnings ESP model indicates that a positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a favorable Zacks Rank [5] - CB Financial Services currently holds a Zacks Rank of 4, making it challenging to predict an earnings beat [7] Historical Performance - In the last reported quarter, CB Financial Services met the expected earnings of $0.52 per share, resulting in no surprise [8] - Over the past four quarters, the company has beaten consensus EPS estimates twice [8] Conclusion - Despite the potential for an earnings beat, CB Financial Services does not appear to be a compelling candidate for such an outcome, and investors should consider other factors before making decisions [9]
Analysts Estimate CB Financial Services (CBFV) to Report a Decline in Earnings: What to Look Out for