Alerus Finl's Earnings: A Preview
Portfolio Pulse from Benzinga Insights
Alerus Financial Corp. (NASDAQ:ALRS) is scheduled to release its quarterly earnings report on January 24, 2024. Analysts predict an EPS of $0.29. Investors are looking for an earnings beat and positive guidance for future growth. Historically, ALRS has seen varied stock price reactions to earnings reports. Last quarter, ALRS beat the EPS estimate by $0.09, leading to a 1.66% stock price increase the following day. Over the past year, ALRS shares have declined by 4.42%.
January 23, 2024 | 5:01 pm
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Alerus Financial Corp. is anticipated to report an EPS of $0.29 in its upcoming earnings, with investors focusing on potential earnings beat and future guidance. The stock has seen a 4.42% decline over the past year.
The short-term impact on ALRS stock price will depend on whether the company beats the earnings estimate and provides positive guidance. Historical data shows mixed reactions to past earnings reports, making it challenging to predict the exact direction of the stock price movement. However, given the recent stock performance and the importance of guidance, the market reaction could be significant if there are any surprises.
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