PCB Bancorp Q4 EPS $0.41 Misses $0.49 Estimate
Portfolio Pulse from Benzinga Newsdesk
PCB Bancorp (NASDAQ:PCB) reported Q4 earnings of $0.41 per share, missing the consensus estimate of $0.49 by 16.33%. This represents a 29.31% decrease from the $0.58 per share earned in the same quarter last year.
January 25, 2024 | 9:43 pm
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PCB Bancorp's Q4 earnings per share of $0.41 missed the analyst consensus estimate of $0.49 by 16.33% and showed a 29.31% decrease from the same period last year.
Earnings misses typically result in negative investor sentiment and can lead to a short-term decline in stock price. The significant miss and year-over-year decrease in earnings are likely to be viewed unfavorably by the market.
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