ACNB Q4 EPS $0.48 Down From $1.20 YoY
Portfolio Pulse from Benzinga Newsdesk
ACNB Corporation (NASDAQ:ACNB) reported a significant decrease in its quarterly earnings, with Q4 EPS at $0.48, down 60% from $1.20 per share in the same quarter of the previous year.
January 25, 2024 | 1:47 pm
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ACNB Corporation reported a 60% decrease in quarterly earnings, with Q4 EPS falling to $0.48 from $1.20 YoY, indicating potential concerns over profitability.
The substantial decrease in earnings per share (EPS) suggests that the company's profitability has significantly declined compared to the previous year. This is likely to be viewed negatively by investors and could lead to a decrease in stock price in the short term.
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