Old Second Bancorp Q1 2024 Adj EPS $0.47, Inline, Sales $70.284M Beat $69.799M Estimate
Portfolio Pulse from Benzinga Newsdesk
Old Second Bancorp (OSBC) reported Q1 2024 adjusted EPS of $0.47, meeting analyst estimates, with sales of $70.284M surpassing the $69.799M forecast, a 0.70% beat but a 1.61% decrease from the previous year.
April 17, 2024 | 9:13 pm
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Old Second Bancorp reported Q1 2024 earnings with an adjusted EPS of $0.47, in line with estimates, and sales of $70.284M, slightly above expectations but showing a year-over-year decline.
Meeting EPS estimates typically indicates financial stability, but the slight sales beat coupled with a year-over-year decline presents a mixed signal. The neutral score reflects this balance between positive and negative factors.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100