Group 1: Earnings Performance - CB Financial Services reported quarterly earnings of $0.55 per share, exceeding the Zacks Consensus Estimate of $0.51 per share, and compared to earnings of $0.52 per share a year ago, representing an earnings surprise of 7.84% [1] - The company posted revenues of $12.71 million for the quarter ended September 2024, surpassing the Zacks Consensus Estimate by 0.85%, although this is a decrease from year-ago revenues of $13.13 million [1] Group 2: Stock Performance and Outlook - CB Financial Services shares have increased by approximately 21.3% since the beginning of the year, slightly underperforming compared to the S&P 500's gain of 21.8% [2] - The current consensus EPS estimate for the upcoming quarter is $0.52 on revenues of $12.7 million, and for the current fiscal year, it is $2.19 on revenues of $49.9 million [4] Group 3: Industry Context - The Zacks Industry Rank for Banks - Northeast is currently in the top 13% of over 250 Zacks industries, indicating a favorable outlook for the industry [5] - MainStreet Bank, another company in the same industry, is expected to report a quarterly loss of $0.04 per share, reflecting a year-over-year change of -105.2%, with revenues anticipated to be $16.03 million, down 18% from the previous year [5]
CB Financial Services (CBFV) Q3 Earnings and Revenues Top Estimates