Greene County Bancorp Q2 EPS $0.34 Down From $0.43 YoY
Portfolio Pulse from Benzinga Newsdesk
Greene County Bancorp (NASDAQ:GCBC) reported a decrease in quarterly earnings, with EPS at $0.34, down from $0.43 per share year-over-year, marking a 20.93% decline.
January 23, 2024 | 4:24 pm
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Greene County Bancorp reported a 20.93% decrease in quarterly earnings per share year-over-year, which may concern investors about the company's profitability.
A decline in earnings per share is generally viewed negatively by the market as it indicates a drop in profitability. Given the significant decrease of 20.93% in EPS for Greene County Bancorp, short-term impact on the stock price is likely to be negative as investors may adjust their expectations.
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IMPORTANCE 75
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