CV Holdings Inc (CBF) Releases Quarterly Earnings Results, Beats Estimates By $0.02 EPS

CV Holdings Inc (NYSE:CBF) released its quarterly earnings results on Thursday. The company reported $0.50 EPS for the quarter, topping the consensus estimate of $0.48 by $0.02, Yahoo Finance reports. The firm had revenue of $101.24 million for the quarter, compared to the consensus estimate of $99.11 million.

Shares of CV Holdings (NYSE:CBF) traded down 0.39% during trading on Friday, reaching $38.40. 82,009 shares of the company were exchanged. The stock has a 50-day moving average of $38.10 and a 200 day moving average of $39.76. CV Holdings has a 52-week low of $28.84 and a 52-week high of $45.00. The stock has a market capitalization of $1.98 billion and a P/E ratio of 26.48.

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Several equities analysts have recently commented on CBF shares. Zacks Investment Research lowered shares of CV Holdings from a “buy” rating to a “hold” rating in a research report on Wednesday, March 29th. Keefe, Bruyette & Woods restated a “hold” rating and set a $41.00 price target on shares of CV Holdings in a research report on Wednesday, April 5th. Barclays PLC restated an “overweight” rating and set a $44.00 price target (up previously from $42.00) on shares of CV Holdings in a research report on Tuesday, April 11th. FBR & Co lowered shares of CV Holdings from an “outperform” rating to a “market perform” rating and lowered their price target for the stock from $45.00 to $44.00 in a research report on Monday, April 24th. Finally, Brean Capital lowered shares of CV Holdings from a “buy” rating to a “hold” rating in a research report on Monday, May 8th. One analyst has rated the stock with a sell rating, four have given a hold rating and one has issued a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus target price of $42.67.

Earnings History for CV Holdings (NYSE:CBF)

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