CORRECTION: Avidbank Holdings Q2 Adj. EPS $0.76 Misses $0.82 Estimate, Sales $26.700M Miss $28.113M Estimate
Avidbank Holdings (NASDAQ:AVBH) reported quarterly earnings of $0.76 per share which missed the analyst consensus estimate of $0.82 by 8.43 percent. This is a 1.33 percent increase over earnings of $0.75 per share from
Avidbank made less profit than people expected this quarter—both in earnings per share (how much profit each share gets) and in sales money coming in. When a company misses these targets, it can signal the business is struggling more than investors hoped.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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