RBB (
RBB (RBB) got here out with quarterly earnings of $0.53 per share, lacking the Zacks Consensus Estimate of $0.56 per share. This compares to earnings of $0.47 per share a 12 months in the past. These figures are adjusted for non-recurring gadgets.
This quarterly report represents an earnings shock of -5.36%. 1 / 4 in the past, it was anticipated that this financial institution holding firm would publish earnings of $0.38 per share when it truly produced earnings of $0.40, delivering a shock of 5.26%.
Over the past 4 quarters, the corporate has surpassed consensus EPS estimates simply as soon as.
RBB, which belongs to the Zacks Banks – West business, posted revenues of $28.95 million for the quarter ended December 2019, lacking the Zacks Consensus Estimate by 8.85%. This compares to year-ago revenues of $31.07 million. The corporate has not been capable of beat consensus income estimates over the past 4 quarters.
The sustainability of the inventory’s instant value…