Servisfirst Bancshares Q3 EPS $0.98 Beats $0.95 Estimate
Portfolio Pulse from Happy Mohamed
Servisfirst Bancshares (NYSE:SFBS) reported Q3 earnings of $0.98 per share, beating the analyst consensus estimate of $0.95 by 3.16 percent. However, this represents a 19.67 percent decrease from the same period last year.
October 16, 2023 | 8:08 pm
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NEUTRAL IMPACT
Servisfirst Bancshares reported better than expected Q3 earnings but they are down compared to last year.
While the Q3 earnings beat estimates, the year-on-year decrease could potentially worry investors. The impact on the stock price could be neutral as the positive and negative news might balance each other out.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100