Farmers & Merchants Q2 EPS $0.44 Misses $0.45 Estimate
Portfolio Pulse from Benzinga Newsdesk
Farmers & Merchants (NASDAQ:FMAO) reported Q2 earnings of $0.44 per share, missing the analyst consensus estimate of $0.45 by 2.22 percent. This represents a 30.16 percent decrease from the same period last year.
July 26, 2023 | 9:22 pm
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Farmers & Merchants' Q2 earnings missed the analyst consensus estimate and decreased significantly from the same period last year.
Earnings reports are a key indicator of a company's financial health. Missing analyst estimates and a significant year-over-year decrease could negatively impact investor sentiment and the stock's price in the short term.
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