Lake Shore Bancorp Q1 EPS $0.17 Down From $0.29 YoY
Portfolio Pulse from Benzinga Newsdesk
Lake Shore Bancorp (NASDAQ:LSBK) reported a significant decrease in quarterly earnings, with EPS dropping to $0.17 from $0.29 YoY, marking a 41.38% decline.

April 22, 2024 | 2:23 pm
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Lake Shore Bancorp reported a 41.38% decrease in quarterly earnings, with EPS dropping from $0.29 to $0.17 YoY.
The significant drop in earnings per share (EPS) for Lake Shore Bancorp is a clear indicator of decreased profitability compared to the previous year. This substantial decline 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