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

• ChoiceOne Financial Services Inc COFS.OQ reported quarterly adjusted earnings of 86 cents​​ per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of 74 cents. The mean expectation of three analysts for the quarter was for earnings of 78 cents per share. Wall Street expected results to range from 71 cents to 83 cents per share.

• Revenue rose 152,070.5% to $31.23 billion from a year ago; analysts expected $31.80 million.

• ChoiceOne Financial Services Inc's reported EPS for the quarter was a loss of $1.29​.

• The company reported a quarterly loss of $13.91 million.

• ChoiceOne Financial Services Inc shares had fallen by 2.2% this quarter and lost 21.0% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 7.7% 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 3 "strong buy" or "buy," no "hold" and no "sell" or "strong sell." The average consensus recommendation for the banks peer group is also "buy"

• Wall Street's median 12-month price target for ChoiceOne Financial Services Inc is $31.00

This summary was machine generated from LSEG data April 30 at 12:47 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)