OP Bancorp Q4 EPS $0.34 Misses $0.36 Estimate
Portfolio Pulse from Benzinga Newsdesk
OP Bancorp (NASDAQ:OPBK) reported Q4 earnings of $0.34 per share, missing the consensus estimate of $0.36 by 5.56%. This represents a 33.33% decrease from the $0.51 per share earned in the same quarter last year.
January 25, 2024 | 9:23 pm
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NEGATIVE IMPACT
OP Bancorp reported lower-than-expected Q4 earnings, missing estimates and showing a significant decrease from the previous year.
Missing earnings estimates and reporting a significant year-over-year decline is typically seen as a negative signal by the market, likely leading to a short-term negative impact on OPBK's stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100