Macatawa Bank Q3 EPS $0.33 Beats $0.31 Estimate
Portfolio Pulse from Happy Mohamed
Macatawa Bank reported Q3 earnings of $0.33 per share, beating the analyst consensus estimate of $0.31 by 6.45 percent. This represents a 13.79 percent increase over earnings of $0.29 per share from the same period last year.
October 26, 2023 | 9:00 pm
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Macatawa Bank's Q3 earnings beat analyst estimates by 6.45%, a 13.79% increase YoY.
Macatawa Bank's earnings beat the analyst consensus, which is a positive signal for investors. This could lead to increased investor confidence and potentially a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100