Nicolet Bankshares Q3 EPS $1.54 Misses $1.55 Estimate, Sales $61.47M Beat $60.41M Estimate
Portfolio Pulse from Benzinga Newsdesk
Nicolet Bankshares (NYSE:NIC) reported Q3 earnings of $1.14 per share, a decrease of 11.63% YoY. The company's quarterly sales were $61.47 million, beating the analyst consensus estimate of $60.41 million by 1.76%, but showing a decrease of 2.41% compared to the same period last year.
October 24, 2023 | 8:51 pm
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NEUTRAL IMPACT
Nicolet Bankshares reported a decrease in Q3 earnings and sales YoY, but beat sales estimates. This mixed result could lead to uncertain market reactions.
Nicolet Bankshares reported a decrease in earnings and sales compared to the same period last year, which could negatively impact the stock. However, the company beat sales estimates, which could offset some of the negative impact. The net effect on the stock price is uncertain.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100