Finward Bancorp Q3 EPS $0.51 Misses $0.53 Estimate, Sales $15.53M Miss $17.70M Estimate
Portfolio Pulse from Benzinga Newsdesk
Finward Bancorp (NASDAQ:FNWD) reported Q3 earnings of $0.51 per share, missing the analyst consensus estimate of $0.53 by 3.77%. This is a 53.64% decrease from the same period last year. The company also reported quarterly sales of $15.53 million, missing the analyst consensus estimate of $17.70 million by 12.26%, a 22.88% decrease from the same period last year.
October 25, 2023 | 1:03 pm
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NEGATIVE IMPACT
Finward Bancorp's Q3 earnings and sales missed estimates, marking a significant decrease from the same period last year.
Finward Bancorp's earnings and sales for Q3 have both missed estimates, and have significantly decreased compared to the same period last year. This could negatively impact investor sentiment and potentially lead to a decrease in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100