Evans Bancorp Q3 EPS $0.66 Misses $0.71 Estimate, Sales $19.81M Miss $20.48M Estimate
Portfolio Pulse from vinayak@benzinga.com
Evans Bancorp reported Q3 earnings of $0.66 per share, missing the analyst consensus estimate of $0.71 by 7.04%. This is a 37.74% decrease from the same period last year. The company also reported quarterly sales of $19.81 million, missing the analyst consensus estimate of $20.48 million by 3.26%. This is a 20.61% decrease from the same period last year.
October 26, 2023 | 8:30 pm
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NEGATIVE IMPACT
Evans Bancorp's Q3 earnings and sales missed estimates, indicating a potential negative impact on the stock price in the short term.
Evans Bancorp's Q3 earnings and sales missed analyst estimates, which is typically seen as a negative signal by the market. This could lead to a decrease in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100