South Plains Financial Q3 EPS $0.78 Beats $0.64 Estimate, Sales $47.97M Miss $48.51M Estimate
Portfolio Pulse from Happy Mohamed
South Plains Financial (NASDAQ:SPFI) reported Q3 earnings of $0.78 per share, beating the analyst consensus estimate of $0.64 by 21.88%. However, this is a 9.3% decrease from the same period last year. The company's quarterly sales were $47.97 million, missing the analyst consensus estimate of $48.51 million by 1.12%, and marking a 14.41% decrease from the same period last year.

October 24, 2023 | 8:44 pm
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South Plains Financial's Q3 earnings beat estimates but sales missed and are down YoY. This mixed result could lead to uncertainty in the market.
South Plains Financial's earnings beat estimates, which is a positive signal for investors. However, the company's sales missed estimates and decreased compared to the same period last year, which could be a concern for investors. This mixed result could lead to uncertainty in the market, potentially impacting the stock's price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100