ConnectOne Bancorp Q2 EPS $0.51 Beats $0.48 Estimate, Sales $63.84M Beat $63.25M Estimate
Portfolio Pulse from Benzinga Newsdesk
ConnectOne Bancorp reported Q2 earnings of $0.51 per share, beating the analyst consensus estimate of $0.48 by 6.25%. However, this is a 34.62% decrease from the same period last year. The company also reported quarterly sales of $63.84 million, beating the estimate of $63.25 million by 0.93%, but this is a 15.55% decrease from last year.
July 27, 2023 | 11:06 am
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ConnectOne Bancorp's Q2 earnings and sales beat estimates but are lower than last year's figures.
While ConnectOne Bancorp beat the estimates for Q2 earnings and sales, the figures are lower compared to the same period last year. This mixed result could lead to neutral short-term price movement.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100