Northeast Bank Q4 EPS $1.61 Beats $1.55 Estimate, Sales $35.27M Beat $34.38M Estimate
Portfolio Pulse from totan@benzinga.com
Northeast Bank (NASDAQ:NBN) reported Q4 earnings of $1.61 per share, beating the analyst consensus estimate of $1.55 by 3.87%. This is a 19.26% increase from the same period last year. The company also reported quarterly sales of $35.27 million, beating the analyst consensus estimate of $34.38 million by 2.58%. This is a 27.03% increase from the same period last year.

July 24, 2023 | 8:18 pm
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POSITIVE IMPACT
Northeast Bank's Q4 earnings and sales exceeded analyst estimates, showing significant year-over-year growth.
Northeast Bank's Q4 earnings and sales not only beat analyst estimates but also showed significant growth from the same period last year. This positive financial performance could lead to increased investor confidence and a potential short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100