Waterstone Financial Q4 2023 Adj. EPS $0.00 Inline, Revenue $11.756M Misses $11.990M Est.
Portfolio Pulse from Benzinga Newsdesk
Waterstone Financial reported its Q4 2023 adjusted earnings per share (EPS) at $0.00, which was in line with expectations. However, the company's revenue of $11.756 million fell short of the estimated $11.990 million.
January 30, 2024 | 9:27 pm
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Waterstone Financial's Q4 2023 earnings matched expectations with an adjusted EPS of $0.00, but revenue was below the estimate by approximately $234,000.
The revenue miss is likely to be viewed negatively by investors, as it suggests that the company's financial performance is not meeting market expectations. This could lead to a short-term negative impact on the stock price. The EPS being in line with expectations may mitigate the impact slightly, but revenue figures are often considered a more significant indicator of a company's performance.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100