Esquire Financial Hldgs Q4 Adj $1.18 Beats $1.15 Estimate
Portfolio Pulse from Benzinga Newsdesk
Esquire Financial Holdings (NASDAQ:ESQ) reported Q4 adjusted earnings of $1.18 per share, surpassing the consensus estimate of $1.15 by 2.61%. This represents a 7.27% increase from the $1.10 per share earned in the same quarter of the previous year.
January 25, 2024 | 1:34 pm
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Esquire Financial Holdings reported a positive earnings surprise for Q4, with earnings of $1.18 per share exceeding estimates by 2.61% and showing a year-over-year growth of 7.27%.
Beating earnings estimates typically leads to a positive short-term reaction in the stock market as it indicates the company is performing better than expected. The year-over-year growth further strengthens investor confidence in the company's financial health.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100