Old Second Bancorp Q4 2023 GAAP EPS $0.40 Misses $0.54 Estimate
Portfolio Pulse from Benzinga Newsdesk
Old Second Bancorp (NASDAQ:OSBC) reported Q4 2023 earnings of $0.40 per share, missing the consensus estimate of $0.54 by 25.93%.
January 24, 2024 | 9:05 pm
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NEGATIVE IMPACT
Old Second Bancorp reported a significant earnings miss for Q4 2023, with EPS of $0.40 compared to the expected $0.54.
Earnings misses can lead to negative investor sentiment and often result in a short-term decline in stock price as market expectations adjust to the new information.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100