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Market Overview

Earnings Outlook For Civista Bancshares


On Friday, April 23, Civista Bancshares (NASDAQ:CIVB) will release its latest earnings report. Benzinga's report can help you figure out the ins and outs of the earnings release.

Net Income, Earnings, And Earnings Per Share

Earnings and especially earnings per share (EPS) are useful measures of a company's profitability. Total earnings, which is also referred to as net income, equals total revenue minus total expenses. EPS equals to net income divided by the number of shares outstanding.

Earnings And Revenue

Civista Bancshares EPS will likely be near $0.68 while revenue will be around $32.84 million, according to analysts. In the same quarter last year, Civista Bancshares reported EPS of $0.47 on revenue of $28.99 million.

Why Analyst Estimates And Earnings Surprises Are Important

Wall Street analysts who study this company will publish analyst estimates of revenue and EPS. The averages of all analyst EPS and revenue estimates are called the "consensus estimates"; these consensus estimates can have a significant effect on a company's performance during an earnings release. When a company posts earnings or revenue above or below a consensus estimate, it has posted an "earnings surprise", which can really move a stock depending on the difference between actual and estimated values.

If the company were to match the consensus estimate, earnings would be up 44.68%. Sales would be have grown 13.28% from the same quarter last year. Here is how the company's reported EPS has stacked up against analyst estimates in the past:

Quarter Q4 2021 Q3 2020 Q2 2020 Q1 2020
EPS Estimate 0.44 0.35 0.26 0.48
EPS Actual 0.64 0.48 0.41 0.47
Revenue Estimate 29.73 M 29.05 M 28.25 M 28.96 M
Revenue Actual 31.20 M 28.79 M 28.93 M 28.99 M

eps graph

Stock Performance

For a full 12 months, the return has risen by 72.32%. Given that these returns are generally positive, long-term shareholders are probably relaxed going into this earnings release. Long-term shareholders are already enjoying 12-month gains prior to the announcement.

Do not be surprised to see the stock move on comments made during its conference call. Civista Bancshares is scheduled to hold the call at 13:00:00 ET and can be accessed here.


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Posted-In: BZI-EPEarnings