Princeton Bancorp Q4 EPS $0.82 Beats $0.77 Estimate
Portfolio Pulse from Benzinga Newsdesk
Princeton Bancorp (NASDAQ:BPRN) reported Q4 earnings of $0.82 per share, surpassing the consensus estimate of $0.77 by 6.49%. However, this represents a 27.43% decrease from the $1.13 per share earned in the same quarter the previous year.
January 25, 2024 | 9:30 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
Princeton Bancorp reported higher-than-expected Q4 earnings at $0.82 per share, but experienced a significant year-over-year decline.
While beating earnings estimates typically has a positive impact on a stock's price, the substantial year-over-year decline in earnings may temper investor enthusiasm. The mixed results could lead to a neutral short-term impact as the market digests both the beat and the decline.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100