Western New England Q3 EPS $0.21 Beats $0.15 Estimate
Portfolio Pulse from Happy Mohamed
Western New England (NASDAQ:WNEB) reported Q3 earnings of $0.21 per share, beating the analyst consensus estimate of $0.15 by 40%. However, this is a 25% decrease from the same period last year.
October 24, 2023 | 8:43 pm
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Western New England's Q3 earnings beat estimates, but are down year-over-year. This mixed result could lead to uncertain short-term price movement.
While beating estimates is generally positive for a stock, the year-over-year decrease in earnings could be a concern for investors. This mixed result could lead to uncertain short-term price movement.
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RELEVANCE 100