Hingham Institution Q1 Adj EPS $1.01 Down From $2.61 YoY
Portfolio Pulse from Benzinga Newsdesk
Hingham Institution for Savings (HIFS) reported a significant decrease in its Q1 adjusted earnings per share (EPS), dropping 61.3% to $1.01 from $2.61 year-over-year.
April 12, 2024 | 8:02 pm
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Hingham Institution for Savings reported a 61.3% decrease in Q1 adjusted EPS year-over-year, indicating a significant reduction in profitability.
The substantial decrease in EPS for Hingham Institution for Savings suggests a significant reduction in profitability compared to the same period last year. This is likely to negatively impact investor sentiment and could lead to a decrease in stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100