Ameris: Q4 Earnings Insights
Portfolio Pulse from Benzinga Insights
Ameris (NASDAQ:ABCB) reported Q4 earnings with an EPS of $1.07, missing the estimate by 2.73%. Revenue declined by $10.14 million compared to the same period last year. In the previous quarter, Ameris beat EPS estimates but the share price fell by 0.66% the following day.
January 25, 2024 | 9:20 pm
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NEGATIVE IMPACT
Ameris reported a lower-than-expected Q4 EPS of $1.07 and a revenue decline from the previous year, which may negatively impact investor sentiment.
Ameris' earnings miss and year-over-year revenue decline are likely to be viewed negatively by investors, potentially leading to a short-term decrease in stock price, similar to the 0.66% drop experienced last quarter after beating EPS estimates.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100