Bank7 Q3 EPS $0.85 Misses $1.00 Estimate, Sales $21.75M Beat $20.93M Estimate
Portfolio Pulse from totan@benzinga.com
Bank7 (NASDAQ:BSVN) reported Q3 earnings of $0.85 per share, missing the analyst consensus estimate of $1.00 by 15 percent. This is a 2.3 percent decrease from the same period last year. However, the company reported quarterly sales of $21.75 million, beating the analyst consensus estimate of $20.93 million by 3.93 percent, a 9.39 percent increase from last year.
October 26, 2023 | 12:03 pm
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Bank7's Q3 earnings per share missed estimates by 15%, but sales beat estimates by 3.93%. This mixed result could lead to uncertainty in the market.
Bank7's earnings miss could negatively impact the stock as it indicates lower profitability. However, the sales beat could offset this as it shows higher revenue generation. The net impact could be neutral as the market weighs these factors.
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RELEVANCE 100