• Avidbank Holdings Inc AVBH.OQ reported a quarterly adjusted loss of $4.12​​ per share for the quarter ended September 30, lower than the same quarter last year, when the company reported EPS of 77 cents. The mean expectation of four analysts for the quarter was for a loss of 48 cents per share. Wall Street expected results to range from $-4.14 to 75 cents per share.

• Revenue rose 21.7% to $22.65 million from a year ago; analysts expected $24.00 million.

• Avidbank Holdings Inc's reported EPS for the quarter was a loss of $4.12​.

• The company reported a quarterly loss of $37.74 million.

• Avidbank Holdings Inc shares had risen by 1.0% this quarter and gained 18.1% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 163.4% in the last three months.​

• In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

• The current average analyst rating on the shares is "strong buy" and the breakdown of recommendations is 4 "strong buy" or "buy," no "hold" and no "sell" or "strong sell."

• Wall Street's median 12-month price target for Avidbank Holdings Inc is $30.50, about 15.6% above its last closing price of $25.75

This summary was machine generated from LSEG data October 24 at 12:32 a.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)