LCNB Q2 Adjusted EPS $0.45 Beats $0.36 Estimate, Sales $17.82M Beat $14.30M Estimate
Portfolio Pulse from Benzinga Newsdesk
LCNB Corp. reported Q2 earnings of $0.45 per share, beating the analyst consensus estimate of $0.36 by 25%. However, this is an 8.16% decrease from the same period last year. The company also reported quarterly sales of $17.82 million, surpassing the analyst consensus estimate of $14.30 million by 24.64%, but this is a 4.66% decrease from the same period last year.
July 21, 2023 | 12:07 pm
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LCNB Corp. reported better-than-expected Q2 earnings and sales, but both figures decreased from the same period last year.
LCNB Corp. reported Q2 earnings and sales that beat analyst estimates, which is generally positive for the stock. However, the year-over-year decreases in both earnings and sales could offset this positive impact, leading to a neutral short-term impact on the stock.
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IMPORTANCE 80
RELEVANCE 100