Guaranty Bancshares Q2 EPS $0.81 Beats $0.56 Estimate, Sales $32.58M Beat $29.48M Estimate
Portfolio Pulse from Benzinga Newsdesk
Guaranty Bancshares (NASDAQ:GNTY) reported Q2 earnings of $0.81 per share, beating the analyst consensus estimate of $0.56 by 44.64%. However, this is a 8.99% decrease from the same period last year. The company also reported quarterly sales of $32.58 million, beating the analyst consensus estimate of $29.48 million by 10.50%, but this is a 1.08% decrease from the same period last year.
July 17, 2023 | 11:02 am
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NEUTRAL IMPACT
Guaranty Bancshares reported better than expected Q2 earnings and sales, but both are down compared to the same period last year.
While Guaranty Bancshares beat earnings and sales estimates, the year-over-year decrease in both could potentially concern investors, leading to a neutral short-term impact on the stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100