Bancorp Q4 Adj EPS $0.95, Inline, Sales $92.16M Beat $90.65M Estimate
Portfolio Pulse from totan@benzinga.com
Bancorp (NASDAQ:TBBK) reported Q4 adjusted EPS of $0.95, meeting analyst estimates, and sales of $92.16M, surpassing the $90.65M forecast. This represents a 33.8% increase in earnings and a 20.06% increase in sales compared to the same period last year.
January 25, 2024 | 9:12 pm
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Bancorp's Q4 earnings matched expectations with an EPS of $0.95 and sales exceeded estimates at $92.16M, indicating strong year-over-year growth.
Matching EPS estimates typically reassures investors about a company's financial health, while exceeding sales forecasts can be a positive signal for future growth, potentially leading to a short-term positive impact on the stock price.
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