Norwood Financial Q1 2024 EPS $0.55 Down From $0.71 YoY
Portfolio Pulse from Benzinga Newsdesk
Norwood Financial reported a decrease in its Q1 2024 earnings per share (EPS) to $0.55, down from $0.71 in the same quarter of the previous year.
April 22, 2024 | 12:17 pm
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Norwood Financial's Q1 2024 EPS decreased to $0.55 from $0.71 year-over-year.
A decrease in EPS typically indicates a reduction in profitability, which can lead to negative investor sentiment and potentially lower stock prices in the short term. Given the significant drop from $0.71 to $0.55, investors may be concerned about the company's performance and future prospects.
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IMPORTANCE 90
RELEVANCE 100