Recap: Provident Bancorp Q4 Earnings

Provident Bancorp PVBC reported its Q4 earnings results on Thursday, January 27, 2022 at 04:00 PM.

Here's what investors need to know about the announcement.

Provident Bancorp missed estimated earnings by 16.0%, reporting an EPS of $0.21 versus an estimate of $0.25, which surprised analysts.

Revenue was up $1.35 million from the same period last year.

Last quarter the company beat on EPS by $0.07, which was followed by a 1.92% increase in the share price the next day.

Here's a look at Provident Bancorp's past performance:

Quarter	Q3 2021	Q2 2021	Q1 2021	Q4 2020
EPS Estimate	0.23	0.23	0.13	0.22
EPS Actual	0.30	0.18	0.24	0.24
Revenue Estimate	15.10M	14.84M	13.98M	14.25M
Revenue Actual	17.33M	15.71M	15.93M	16.29M

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This article was generated by Benzinga's automated content engine and reviewed by an editor.

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