Norwood Financial Q3 EPS $0.51 Down From $1.00 YoY, Sales $17.34M Down From $20.35M YoY
Portfolio Pulse from Benzinga Newsdesk
Norwood Financial (NASDAQ:NWFL) reported a decrease in Q3 earnings and sales YoY. Earnings per share fell by 49% to $0.51 from $1.00, and sales dropped by 14.76% to $17.34 million from $20.35 million.
October 24, 2023 | 12:23 pm
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NEGATIVE IMPACT
Norwood Financial's Q3 earnings and sales have significantly decreased compared to the same period last year, which could negatively impact the company's stock price.
Earnings reports are a key indicator of a company's financial health. A significant decrease in earnings and sales, as reported by Norwood Financial, could lead to a negative investor sentiment and a potential drop in the company's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100