Hanover Bancorp Q4 EPS $0.48 Down From $0.74 YoY
Portfolio Pulse from Benzinga Newsdesk
Hanover Bancorp (NASDAQ:HNVR) reported a 35.14% decrease in quarterly earnings, from $0.74 per share last year to $0.48 per share this year.
October 26, 2023 | 12:22 pm
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NEGATIVE IMPACT
Hanover Bancorp's earnings per share decreased by 35.14% compared to the same period last year, which could negatively impact the company's stock price.
Earnings reports are a key indicator of a company's financial health. A significant decrease in earnings per share, as reported by Hanover Bancorp, could lead to a decrease in investor confidence and a potential drop in the company's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100