BOK Financial Q1 EPS $1.29 Misses $1.73 Estimate, Sales $455.27M Miss $480.76M Estimate
Portfolio Pulse from Benzinga Newsdesk
BOK Financial (NASDAQ:BOKF) reported Q1 earnings of $1.29 per share, missing the $1.73 estimate, a 46.91% decrease from last year. Sales were $455.27M, missing the $480.76M estimate, a 14.13% decrease from last year.
April 24, 2024 | 12:05 pm
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NEGATIVE IMPACT
BOK Financial's Q1 earnings and sales missed estimates, with a significant decrease compared to last year.
Missing both earnings and sales estimates significantly, especially with a notable year-over-year decrease, typically leads to negative investor sentiment and could result in a short-term decline in stock price.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100