Old Point Financial Q2 EPS $0.36 Down From $0.37 YoY
Portfolio Pulse from Benzinga Newsdesk
Old Point Financial (NASDAQ:OPOF) reported a decrease in its Q2 earnings per share (EPS) to $0.36, down from $0.37 YoY. This represents a 2.7 percent decrease compared to the same period last year.
July 27, 2023 | 5:04 pm
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Old Point Financial's Q2 earnings per share decreased by 2.7% YoY, which could potentially impact investor sentiment.
Earnings per share (EPS) is a key indicator of a company's profitability. A decrease in EPS is generally viewed negatively by investors as it indicates reduced profitability. This could potentially lead to a decrease in the company's stock price in the short term.
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