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CB Financial Services (CBFV) Misses Q4 Earnings Estimates
CBFVCB Financial Services(CBFV) ZACKS·2025-01-30 00:05

Core Viewpoint - CB Financial Services reported quarterly earnings of 0.35pershare,missingtheZacksConsensusEstimateof0.35 per share, missing the Zacks Consensus Estimate of 0.46 per share, and down from 0.60pershareayearago[1][2]FinancialPerformance−Thecompanyexperiencedanearningssurpriseof−23.910.60 per share a year ago [1][2] Financial Performance - The company experienced an earnings surprise of -23.91% for the quarter, while a quarter ago it had a positive surprise of 7.84% [2] - Revenues for the quarter ended December 2024 were 13.19 million, exceeding the Zacks Consensus Estimate by 7.21%, but down from 27.65millionyear−over−year[3]MarketPerformance−CBFinancialServicesshareshaveincreasedbyapproximately227.65 million year-over-year [3] Market Performance - CB Financial Services shares have increased by approximately 2% since the beginning of the year, compared to a 3.2% gain in the S&P 500 [4] - The stock currently holds a Zacks Rank 4 (Sell), indicating expectations of underperformance in the near future [7] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is 0.44 on revenues of 12.1million,andforthecurrentfiscalyear,itis12.1 million, and for the current fiscal year, it is 1.89 on revenues of $49.7 million [8] - The trend for estimate revisions prior to the earnings release was unfavorable, which may impact future stock performance [7] Industry Context - The Banks - Northeast industry, to which CB Financial Services belongs, is currently ranked in the top 9% of over 250 Zacks industries, suggesting a favorable industry outlook [9]