German American Bancorp Q2 EPS $0.75 Beats $0.67 Estimate
Portfolio Pulse from Happy Mohamed
German American Bancorp reported Q2 earnings of $0.75 per share, beating the analyst consensus estimate of $0.67 by 11.94 percent. However, this is a 7.41 percent decrease from the same period last year.
July 31, 2023 | 3:00 pm
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German American Bancorp's Q2 earnings exceeded analyst expectations but are lower than last year's earnings.
While the company beat analyst estimates, the decrease in earnings compared to the same period last year might offset the positive impact of beating estimates. Therefore, the short-term impact on the stock price is uncertain.
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RELEVANCE 100