SB Finl Gr Q2 Adj EPS $0.45 Beats $0.38 Estimate, Sales $14.19M Beat $9.90M Estimate
Portfolio Pulse from vinayak@benzinga.com
SB Financial Group (NASDAQ:SBFG) reported Q2 earnings of $0.45 per share, beating the analyst consensus estimate of $0.38 by 18.42%. This is a 21.62% increase from the same period last year. The company also reported quarterly sales of $14.19 million, beating the analyst consensus estimate of $9.90 million by 43.33%, but a slight decrease of 0.53% from the same period last year.
July 27, 2023 | 8:41 pm
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POSITIVE IMPACT
SB Financial Group's Q2 earnings and sales beat analyst estimates, which could lead to a positive market reaction.
SB Financial Group reported better than expected Q2 earnings and sales. This positive financial performance could increase investor confidence and drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100