Peapack Gladstone Finl Q4 2023 GAAP EPS $0.48 Beats $0.45 Estimate
Portfolio Pulse from Benzinga Newsdesk
Peapack Gladstone Financial Corp. (NASDAQ:PGC) reported Q4 2023 earnings of $0.48 per share, surpassing the consensus estimate of $0.45 by 6.67%.
January 25, 2024 | 9:33 pm
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Peapack Gladstone Financial Corp. reported a positive earnings surprise with Q4 2023 EPS of $0.48, exceeding estimates by 6.67%.
Earnings beats typically lead to positive short-term price movement as they indicate better-than-expected financial performance. The 6.67% beat for Peapack Gladstone Financial Corp. is likely to be viewed favorably by investors, potentially leading to an increase in stock price in the short term.
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