Evans Bancorp (EVBN) Lags Q1 Earnings and Revenue Estimates

Evans Bancorp (EVBN) came out with quarterly earnings of $0.42 per share, missing the Zacks Consensus Estimate of $0.46 per share. This compares to earnings of $1.06 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -8.70%. A quarter ago, it was expected that this bank would post earnings of $0.44 per share when it actually produced earnings of $1.85, delivering a surprise of 320.45%.Over the last four quarters, the company has ...