Orrstown Finl Servs Q3 EPS $0.87 Beats $0.81 Estimate, Sales $26.22M Miss $26.24M Estimate
Portfolio Pulse from Happy Mohamed
Orrstown Finl Servs (NASDAQ:ORRF) reported Q3 earnings of $0.87 per share, beating the analyst consensus estimate of $0.81 by 7.41%. This is a 16% increase from the same period last year. However, the company's quarterly sales of $26.22 million missed the analyst consensus estimate of $26.24 million by 0.08%, though it's a 3% increase from last year.
October 24, 2023 | 8:26 pm
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Orrstown Finl Servs beat Q3 earnings estimates but missed on sales. This mixed result could lead to uncertain short-term price movements.
Orrstown Finl Servs reported better than expected earnings but missed on sales. This mixed result could lead to uncertainty among investors, potentially causing short-term price volatility.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 100