Columbia Financial Q2 EPS $0.02 Misses $0.13 Estimate, Sales $50.60M Miss $54.90M 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 is a 90.91% decrease from the same period last year. The company also reported quarterly sales of $50.60 million, missing the analyst consensus estimate of $54.90 million by 7.82%. This is a 31.78% decrease from the same period last year.
July 26, 2023 | 9:18 pm
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NEGATIVE IMPACT
Columbia Financial's Q2 earnings and sales significantly missed estimates and decreased from the same period last year.
Columbia Financial's earnings and sales for Q2 significantly missed analyst estimates and decreased from the same period last year. This could negatively impact investor sentiment and potentially lead to a decrease in the company's stock price in the short term.
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