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.

Earnings

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.

Past Earnings Performance

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

Listen to the earnings announcement yourself by clicking here.

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

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Posted In: EarningsBZI-Recaps
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