Red River Bancshares Q3 EPS $1.12 Down From $1.42 YoY
Portfolio Pulse from Benzinga Newsdesk
Red River Bancshares (NASDAQ:RRBI) reported a decrease in Q3 earnings per share (EPS) to $1.12, down 21.13% from $1.42 YoY.
October 30, 2023 | 12:32 pm
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NEGATIVE IMPACT
Red River Bancshares' Q3 earnings per share decreased by 21.13% compared to the same period last year.
Earnings per share (EPS) is a key indicator of a company's profitability. A decrease in EPS is generally seen as a negative sign by investors, which could lead to a decrease in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100