Bridgewater Bancshares Q2 EPS $0.31, Inline, Sales $27.24M Miss $29.73M Estimate
Portfolio Pulse from saritha@benzinga.com
Bridgewater Bancshares reported Q2 earnings of $0.31 per share, in line with analyst estimates. However, the company's sales of $27.24M missed the consensus estimate of $29.73M by 8.39%. This represents a 24.39% decrease in earnings and a 20.31% decrease in sales compared to the same period last year.
July 26, 2023 | 8:26 pm
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Bridgewater Bancshares' Q2 earnings met expectations, but sales fell short of estimates. This could potentially impact investor confidence and the company's stock price.
Bridgewater Bancshares' Q2 earnings were in line with expectations, which is positive. However, the company's sales missed estimates by 8.39%, which is a significant miss and could negatively impact the stock price. Additionally, the company's earnings and sales have decreased compared to the same period last year, which could further negatively impact investor sentiment and the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100