Lake Shore Bancorp Q2 EPS $0.14 Down From $0.29 YoY, Sales $6.77M Up From $6.70M YoY
Portfolio Pulse from Benzinga Newsdesk
Lake Shore Bancorp (NASDAQ:LSBK) reported Q2 earnings of $0.14 per share, a 51.72% decrease YoY. The company's sales were $6.77M, a 1.03% increase YoY.
July 27, 2023 | 9:22 pm
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NEGATIVE IMPACT
Lake Shore Bancorp's Q2 earnings decreased by 51.72% YoY, while sales increased by 1.03% YoY.
The significant decrease in Lake Shore Bancorp's earnings could negatively impact the company's stock price. However, the slight increase in sales might mitigate this impact to some extent.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100