Enterprise Bancorp Q4 EPS $0.64 Down From $1.01 YoY
Portfolio Pulse from Benzinga Newsdesk
Enterprise Bancorp (NASDAQ:EBTC) reported a 36.63% decrease in Q4 earnings per share, with $0.64 reported for the quarter compared to $1.01 from the same period last year.

January 25, 2024 | 9:46 pm
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NEGATIVE IMPACT
Enterprise Bancorp reported a significant decrease in earnings per share for Q4, which may concern investors and could negatively impact the stock price in the short term.
A decrease in earnings per share is generally viewed negatively by the market, as it may indicate lower profitability or challenges faced by the company. Given the substantial drop of 36.63% in EPS year-over-year, investors may react unfavorably in the short term, potentially leading to a decline in the stock price of EBTC.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100