First United Q2 EPS $0.66 Down From $0.82 YoY
Portfolio Pulse from Benzinga Newsdesk
First United (NASDAQ:FUNC) reported Q2 earnings of $0.66 per share, a 19.51% decrease from $0.82 per share in the same period last year.
July 24, 2023 | 8:57 pm
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First United's Q2 earnings per share decreased by 19.51% YoY, which may negatively impact the stock's performance.
Earnings reports are a key indicator of a company's financial health. A decrease in earnings YoY often leads to a negative market reaction, potentially causing the stock price to drop in the short term.
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