Farmers & Merchants Q4 EPS $0.41 Beats $0.31 Estimate
Portfolio Pulse from Happy Mohamed
Farmers & Merchants (NASDAQ:FMAO) reported Q4 earnings of $0.41 per share, surpassing the analyst consensus estimate of $0.31 by 32.26%. However, this represents a 36.92% decrease from the $0.65 per share reported in the same period last year.
February 13, 2024 | 9:58 pm
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Farmers & Merchants reported Q4 earnings of $0.41 per share, exceeding estimates but showing a decrease from the previous year.
While the earnings beat may provide a short-term positive sentiment, the significant year-over-year decrease could raise concerns about the company's growth trajectory, leading to a neutral short-term impact.
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