Arrow Financial Q1 EPS $0.52 Misses $0.66 Estimate, Sales $34.77M Miss $36.20M Estimate
Portfolio Pulse from Benzinga Newsdesk
Arrow Financial reported Q1 earnings of $0.52 per share, missing the analyst consensus estimate of $0.66 by 21.21%. This is a 31.58% decrease from the same period last year. The company also reported quarterly sales of $34.77 million, missing the estimate of $36.20 million by 3.95%. This is a 3.38% decrease from the same period last year.
July 24, 2023 | 12:01 pm
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NEGATIVE IMPACT
Arrow Financial's Q1 earnings and sales missed estimates, indicating a potential negative impact on the stock.
Arrow Financial's earnings and sales for Q1 missed the estimates, which could lead to a decrease in investor confidence and a potential drop in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100