Eagle Bancorp Montana Q4 EPS $0.28 Misses $0.33 Estimate, Sales $15.20M Miss $15.43M Estimate
Portfolio Pulse from Benzinga Newsdesk
Eagle Bancorp Montana (NASDAQ:EBMT) reported Q4 earnings of $0.28 per share, missing the consensus estimate of $0.33, and a 40.43% decrease from the previous year. Sales were $15.20M, also below the $15.43M estimate, marking a 13.71% year-over-year decline.
January 23, 2024 | 3:01 pm
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NEGATIVE IMPACT
Eagle Bancorp Montana reported lower-than-expected Q4 earnings and sales, with a significant decrease compared to last year's figures.
The reported earnings miss and lower sales figures are likely to negatively impact investor sentiment in the short term, leading to a potential decrease in the stock price of EBMT. The significant year-over-year decline in both earnings and sales further underscores the company's underperformance, which could lead to bearish market behavior.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100