Old National Q2 Adj EPS $0.54 Beats $0.50 Estimate, Sales $463.80M Beat $447.85M Estimate
Portfolio Pulse from Benzinga Newsdesk
Old National (NASDAQ:ONB) reported Q2 adjusted earnings of $0.54 per share, beating the analyst consensus estimate of $0.50 by 8%. This is a 17.39% increase from the same period last year. The company also reported quarterly sales of $463.80 million, surpassing the analyst consensus estimate of $447.85 million by 3.56%, marking an 8.72% increase from the same period last year.
July 25, 2023 | 12:06 pm
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POSITIVE IMPACT
Old National's Q2 earnings and sales exceeded analyst estimates, which could positively impact the company's stock in the short term.
Old National's Q2 earnings and sales surpassed analyst estimates, which is typically a positive signal for investors and could lead to a short-term increase in the company's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100