BayCom Q4 2023 GAAP EPS $0.55 Misses $0.57 Estimate
Portfolio Pulse from Benzinga Newsdesk
BayCom Corp (NASDAQ:BCML) reported Q4 2023 earnings of $0.55 per share, missing the consensus estimate of $0.57 by 3.51%.
January 25, 2024 | 9:45 pm
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BayCom Corp reported a Q4 2023 earnings miss, with EPS of $0.55 against an expected $0.57, a 3.51% miss.
Earnings misses typically lead to negative investor sentiment in the short term as they may indicate weaker financial performance than the market expected. Given that the miss is relatively small (3.51%), the impact might be moderate but still likely to push the stock price down in the short term.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100