Park Ntl Q4 EPS $2.00 Beats $1.71 Estimate
Portfolio Pulse from Benzinga Newsdesk
Park National Corporation (AMEX:PRK) reported Q4 earnings of $2.00 per share, surpassing the consensus estimate of $1.71 by 16.96%. However, this represents a slight decrease of 0.99% from the $2.02 per share earned in the same quarter of the previous year.
January 22, 2024 | 9:24 pm
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Park National Corporation reported a Q4 EPS of $2.00, exceeding analyst expectations by 16.96% but showing a slight year-over-year decline.
The positive earnings beat is likely to instill investor confidence and could lead to a short-term uptick in PRK's stock price. However, the slight year-over-year decrease may temper some of the positive sentiment.
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