Tompkins Finl Q2 EPS $0.59 Misses $1.05 Estimate, Sales $64.51M Miss $71.92M Estimate
Portfolio Pulse from Benzinga Newsdesk
Tompkins Finl (AMEX:TMP) reported Q2 earnings of $0.59 per share, missing the analyst consensus estimate of $1.05 by 43.81%. The company also reported quarterly sales of $64.51 million, missing the analyst consensus estimate of $71.92 million by 10.30%. This represents a decrease in earnings and sales compared to the same period last year.
July 21, 2023 | 1:06 pm
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NEGATIVE IMPACT
Tompkins Finl's Q2 earnings and sales fell short of analyst estimates, indicating a potential negative impact on the company's stock.
Tompkins Finl's Q2 earnings and sales missed analyst estimates by significant margins. This underperformance could negatively impact investor sentiment and lead to a decrease in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100