Columbia Financial Q2 EPS $0.02 Misses $0.13 Estimate
Portfolio Pulse from Benzinga Newsdesk
Columbia Financial (NASDAQ:CLBK) reported Q2 earnings of $0.02 per share, missing the analyst consensus estimate of $0.13 by 84.62%. This represents a 90.91% decrease from the same period last year.
July 26, 2023 | 9:17 pm
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NEGATIVE IMPACT
Columbia Financial's Q2 earnings significantly missed analyst estimates, indicating potential financial instability.
Columbia Financial's earnings miss is a negative signal to investors, as it indicates the company may be underperforming. This could lead to a decrease in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100