Pathward Financial Q1 2024 Adj EPS $0.81 Misses $1.24 Estimate, Sales $162.80M Miss $166.47M Estimate
Portfolio Pulse from Benzinga Newsdesk
Pathward Financial (NASDAQ:CASH) reported Q1 2024 earnings of $0.81 per share, missing the consensus estimate of $1.24 by 34.68%. Quarterly sales were $162.80M, falling short of the $166.47M estimate by 2.20%, but marking an 8.65% increase from the same period last year.
January 24, 2024 | 9:14 pm
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Pathward Financial reported lower-than-expected Q1 2024 earnings and sales, missing EPS estimates by 34.68% and sales estimates by 2.20%.
Missing both earnings and sales estimates significantly, especially by 34.68% for EPS, is likely to negatively impact investor sentiment and could lead to a short-term decline in Pathward Financial's stock price.
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