QCR Hldgs Q3 EPS $1.51 Beats $1.36 Estimate, Sales $55.26M Miss $65.18M Estimate
Portfolio Pulse from totan@benzinga.com
QCR Holdings (NASDAQ:QCRH) reported Q3 earnings of $1.51 per share, beating the analyst consensus estimate of $1.36 by 11.03%. However, this is a 10.65% decrease from the same period last year. The company's quarterly sales were $55.26 million, missing the analyst consensus estimate of $65.18 million by 15.23%, and marking a 9.07% decrease from the same period last year.
October 25, 2023 | 8:16 pm
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NEUTRAL IMPACT
QCR Holdings' Q3 earnings beat estimates but sales missed and are down YoY. This mixed result could lead to uncertainty in the market.
QCR Holdings reported a beat on earnings but a miss on sales. This mixed result could lead to uncertainty among investors, potentially impacting the stock's price in the short term.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100