Bankwell Finl Gr Q2 EPS $1.02 Beats $0.86 Estimate
Portfolio Pulse from Bill Haddad
Bankwell Financial Group (NASDAQ:BWFG) reported Q2 earnings of $1.02 per share, beating the analyst consensus estimate of $0.86 by 18.6%. However, this represents a 34.19% decrease from the same period last year.
July 26, 2023 | 9:29 pm
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Bankwell Financial Group's Q2 earnings exceeded analyst expectations but are down year-over-year.
While Bankwell Financial Group beat analyst estimates for Q2 earnings, the year-over-year decrease could be a concern for investors. This mixed result may lead to neutral short-term price movement.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100