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Community West Bancshares (CWBC) Lags Q2 Earnings and Revenue Estimates

Community West Bancshares (CWBC) came out with quarterly earnings of 0.41pershare,missingtheZacksConsensusEstimateof0.41 per share, missing the Zacks Consensus Estimate of 0.49 per share. This compares to earnings of 0.41pershareayearago.Thesefiguresareadjustedfornonrecurringitems.Thisquarterlyreportrepresentsanearningssurpriseof16.330.41 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -16.33%. A quarter ago, it was expected that this holding company for Central Valley Community Bank would post earnings of 0.47 per share when it actually produced earnings of $0.45, delivering a surpris ...