SmartFinancial Q2 EPS $0.52 Misses $0.53 Estimate, Sales $38.70M Miss $41.07M Estimate
Portfolio Pulse from mahesh@benzinga.com
SmartFinancial (NASDAQ:SMBK) reported Q2 earnings of $0.52 per share, missing the analyst consensus estimate of $0.53 by 1.89%. This is a 14.75% decrease from the same period last year. The company also reported quarterly sales of $38.70 million, missing the analyst consensus estimate of $41.07 million by 5.76%. This is a 3.94% decrease from the same period last year.
July 24, 2023 | 9:09 pm
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SmartFinancial's Q2 earnings and sales missed estimates, indicating a potential negative impact on the stock in the short term.
SmartFinancial's earnings and sales for Q2 both missed estimates, which is typically seen as a negative signal by the market. This could lead to a decrease in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100