Evans Bancorp Q4 EPS $1.85 Beats $0.45 Estimate, Sales $32.50M Beat $17.67M Estimate
Portfolio Pulse from mahesh@benzinga.com
Evans Bancorp (EVBN) reported Q4 earnings of $1.85 per share, surpassing the $0.45 estimate by 311.11%, and a 68.18% increase from last year. Sales reached $32.50M, beating the $17.67M estimate by 83.91%, a 37.26% increase from the previous year.
February 01, 2024 | 10:17 pm
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POSITIVE IMPACT
Evans Bancorp reported a significant beat on both earnings per share and sales for Q4, indicating strong financial performance and growth.
The substantial beat on both earnings per share and sales estimates for Evans Bancorp suggests a strong financial performance and positive growth trajectory. This outperformance is likely to be viewed positively by investors, potentially leading to an increase in stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100