Fidelity D & D Bancorp Q4 EPS $0.08 Down From $1.26 YoY, Sales $14.90M Down From $22.25M YoY
Portfolio Pulse from Benzinga Newsdesk
Fidelity D & D Bancorp (NASDAQ:FDBC) experienced a significant decline in its Q4 earnings and sales year-over-year. Earnings per share dropped by 93.65% to $0.08 from $1.26, while sales decreased by 33.02% to $14.90M from $22.25M.
January 25, 2024 | 5:47 am
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NEGATIVE IMPACT
Fidelity D & D Bancorp reported a substantial decrease in Q4 EPS and sales, indicating a challenging quarter compared to the previous year.
The reported decrease in both earnings per share and sales is a strong indicator of underperformance for the quarter, which is likely to negatively impact investor sentiment and the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100