HarborOne Bancorp Q4 2023 Adj EPS $(0.17) Misses $0.15 Estimate, Sales $29.69M Miss $30.24M Estimate
Portfolio Pulse from Benzinga Newsdesk
HarborOne Bancorp (NASDAQ:HONE) reported a Q4 2023 adjusted EPS of $(0.17), significantly missing the analyst consensus estimate of $0.15. Quarterly sales were $29.69M, also falling short of the $30.24M estimate, marking a 24.23% decrease from the same period last year.
January 30, 2024 | 1:43 pm
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
HarborOne Bancorp's Q4 2023 earnings and sales both missed analyst estimates, with a significant EPS miss and a slight sales miss, indicating potential negative short-term impact on the stock price.
Missing both EPS and sales estimates can lead to negative investor sentiment and a potential drop in stock price. The significant miss on EPS, in particular, is likely to weigh heavily on the stock in the short term.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100