USCB Financial Holdings Q4 Adj EPS $0.17 Misses $0.22 Estimate, Sales $15.70M Miss $17.25M Estimate
Portfolio Pulse from bharat@benzinga.com
USCB Financial Holdings (NASDAQ:USCB) reported Q4 adjusted EPS of $0.17, missing the $0.22 estimate, and sales of $15.70M, below the $17.25M estimate. This reflects a 41.38% decrease in EPS and a 6.22% decrease in sales from the same period last year.
January 25, 2024 | 9:07 pm
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NEGATIVE IMPACT
USCB Financial Holdings reported a significant miss in both EPS and sales for Q4, with a notable year-over-year decline in performance.
The missed earnings and sales estimates are likely to negatively impact investor sentiment in the short term, as the results indicate a substantial decline in the company's financial performance compared to the previous year.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100