Great Southern Bancorp Q1 2024 GAAP EPS $1.13 Beats $1.04 Estimate, Sales $44.816M Miss $47.515M Estimate
Portfolio Pulse from Benzinga Newsdesk
Great Southern Bancorp (GSBC) reported Q1 2024 earnings of $1.13 per share, surpassing the $1.04 estimate. However, their sales of $44.816M fell short of the $47.515M estimate, marking a 15.75% decrease from the previous year.
April 17, 2024 | 10:14 pm
News sentiment analysis
Sort by:
Descending
NEUTRAL IMPACT
Great Southern Bancorp reported higher than expected Q1 2024 earnings per share but missed sales estimates, with a significant year-over-year decrease.
While GSBC's earnings per share exceeded expectations, the miss on sales estimates and the notable decrease in sales from the previous year could temper investor enthusiasm. The mixed results present a neutral outlook in the short term as the positive earnings surprise may be offset by concerns over declining sales.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100