United Security Q1 EPS $0.24 Down From $0.36 YoY
Portfolio Pulse from Benzinga Newsdesk
United Security (NASDAQ:UBFO) reported a 33.33% decrease in Q1 earnings per share, dropping to $0.24 from $0.36 YoY.
April 18, 2024 | 8:06 pm
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NEGATIVE IMPACT
United Security's Q1 earnings per share decreased by 33.33% year-over-year, indicating a significant drop in profitability.
The reported decrease in earnings per share (EPS) by 33.33% year-over-year is a clear indicator of reduced profitability for United Security. This significant drop in EPS 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