CapStar Finl Hldgs Q3 2023 Gaap.EPS $0.43 Beats $0.36 Estimate, Sales $26.65M Miss $29.00M Estimate
Portfolio Pulse from saritha@benzinga.com
CapStar Finl Hldgs (NASDAQ:CSTR) reported Q3 2023 earnings of $0.43 per share, beating the analyst consensus estimate of $0.36 by 19.44%. However, the company's quarterly sales of $26.65 million missed the analyst consensus estimate of $29.00 million by 8.11%.
October 26, 2023 | 8:42 pm
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NEUTRAL IMPACT
CapStar's Q3 2023 earnings beat estimates but sales missed, which could lead to mixed market reactions.
CapStar's earnings beat the estimate, which is a positive signal for investors. However, the company's sales missed the estimate, which could negatively impact the stock. The net effect on the stock price is uncertain, hence a neutral score is given.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100