USCB Financial Holdings Q2 Adj EPS $0.21 Misses $0.24 Estimate, Sales $16.02M Miss $17.59M Estimate
Portfolio Pulse from vinayak@benzinga.com
USCB Financial Holdings reported Q2 earnings of $0.21 per share, missing the analyst consensus estimate of $0.24 by 12.5%. This is a 19.23% decrease from the same period last year. The company also reported quarterly sales of $16.02 million, missing the analyst consensus estimate of $17.59 million by 8.93%. This is a 7.18% decrease from the same period last year.

July 27, 2023 | 9:07 pm
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NEGATIVE IMPACT
USCB Financial Holdings reported lower than expected Q2 earnings and sales, which are down from the same period last year.
USCB Financial Holdings reported lower than expected earnings and sales for Q2. This underperformance, coupled with a decrease from the same period last year, could negatively impact investor sentiment and put downward pressure on the stock in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100