BCB Bancorp Q2 EPS $0.50 Misses $0.54 Estimate, Sales $28.11M Miss $29.22M Estimate
Portfolio Pulse from Benzinga Newsdesk
BCB Bancorp reported Q2 earnings of $0.50 per share, missing the analyst consensus estimate of $0.54 by 7.41%. This is a 13.79% decrease from the same period last year. The company also reported quarterly sales of $28.11 million, missing the analyst consensus estimate of $29.22 million by 3.81%. However, this is a 2.48% increase from the same period last year.
July 20, 2023 | 12:45 pm
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NEGATIVE IMPACT
BCB Bancorp's Q2 earnings and sales missed analyst estimates, which could negatively impact the stock in the short term.
BCB Bancorp's Q2 earnings and sales fell short of analyst estimates. This underperformance could lead to a negative sentiment among investors, potentially putting downward pressure on the stock in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100