Republic Bancorp Q2 EPS $1.07 Misses $1.14 Estimate
Portfolio Pulse from Happy Mohamed
Republic Bancorp reported Q2 earnings of $1.07 per share, missing the analyst consensus estimate of $1.14 by 6.14 percent. This represents a 10.83 percent decrease from the same period last year.
July 21, 2023 | 12:16 pm
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NEGATIVE IMPACT
Republic Bancorp's Q2 earnings missed analyst estimates by 6.14%, and decreased by 10.83% compared to the same period last year.
Earnings reports are a key indicator of a company's financial health. Republic Bancorp's lower than expected earnings and year-on-year decrease could negatively impact investor sentiment, potentially leading to a short-term decrease in the company's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100