Univest Financial Q1 EPS $0.030 Misses $0.410 Estimate
Portfolio Pulse from Benzinga Newsdesk
Univest Financial reported a Q1 EPS of $0.030, significantly missing the estimated $0.410.
April 22, 2020 | 8:19 pm
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NEGATIVE IMPACT
Univest Financial's Q1 earnings per share (EPS) came in at $0.030, which is significantly below the expected $0.410. This earnings miss could negatively impact investor sentiment and the stock price in the short term.
The significant miss in EPS compared to estimates suggests potential operational or financial challenges, which could lead to a negative reaction from investors and a decline in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100