Simmons First Ntl Q4 Adj EPS $0.40 Beats $0.34 Estimate
Portfolio Pulse from Benzinga Newsdesk
Simmons First National Corporation (NASDAQ: SFNC) reported Q4 adjusted earnings per share (EPS) of $0.40, surpassing the consensus estimate of $0.34 by 17.65%. However, this represents a 37.5% decrease from the $0.64 EPS reported in the same quarter of the previous year.
January 24, 2024 | 1:03 pm
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Simmons First National Corporation reported a higher-than-expected Q4 EPS of $0.40, beating estimates by 17.65%, but showed a significant year-over-year decline of 37.5%.
While the earnings beat might be seen as a positive, the substantial year-over-year decline could raise concerns about the company's growth trajectory and profitability. The mixed results could lead to a neutral short-term impact on the stock price as investors weigh the beat against the earnings decrease.
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RELEVANCE 100