BOK Financial Q4 Adj. EPS $1.76 Beats $1.75 Estimate, Sales $501.56M Beat $490.40M Estimate
Portfolio Pulse from Benzinga Newsdesk
BOK Financial (NASDAQ:BOKF) reported Q4 adjusted EPS of $1.76, slightly beating the consensus estimate of $1.75. Sales were $501.56M, surpassing the $490.40M estimate. However, both earnings and sales saw a decrease compared to the same period last year, with earnings down 29.88% and sales down 8.76%.
January 24, 2024 | 1:15 pm
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BOK Financial reported a slight beat on Q4 earnings and sales estimates but experienced significant declines from the previous year's figures.
While BOK Financial beat analyst estimates for Q4, the decline in earnings and sales compared to the previous year may temper investor enthusiasm. The beat was marginal, which suggests a neutral short-term impact on the stock price as the market absorbs both the positive and negative aspects of the report.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100