Hanmi Financial Q1 2024 GAAP EPS $0.50 Misses $0.51 Estimate, Sales $58.388M Miss $59.026M Estimate
Portfolio Pulse from Benzinga Newsdesk
Hanmi Financial (NASDAQ:HAFC) reported Q1 2024 earnings of $0.50 per share, missing the consensus estimate of $0.51, and sales of $58.388M, missing the estimate of $59.026M. This represents a decrease from the previous year's earnings and sales.
April 23, 2024 | 8:27 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Hanmi Financial reported lower than expected Q1 2024 earnings and sales, missing estimates and showing a decrease from the previous year.
Missing both earnings and sales estimates, especially with a significant year-over-year decrease, typically leads to negative investor sentiment in the short term. This could result in downward pressure on HAFC's stock price as the market adjusts to the new information.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100