ChoiceOne Financial Services Inc reports results for the quarter ended December 31 - Earnings Summary

• ChoiceOne Financial Services Inc COFS.OQ reported quarterly adjusted earnings of 79 cents​​ per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of 70 cents. The mean expectation of two analysts for the quarter was for earnings of 83 cents per share. Wall Street expected results to range from 81 cents to 84 cents per share.

• Revenue was $24.34 million​; analysts expected $24.00 million.

• ChoiceOne Financial Services Inc's reported EPS for the quarter was 79 cents​.

• The company reported quarterly net income of $7.16 million.

• ChoiceOne Financial Services Inc shares had fallen by 1.4% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 10.7% in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 1 "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell."

• The average consensus recommendation for the banks peer group is "hold."

Wall Street's median 12-month price target for ChoiceOne Financial Services Inc is $41.00

This summary was machine generated from LSEG data January 22 at 09:53 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)