Esquire Financial Hldgs Q1 Adj $1.20 Beats $1.17 Estimate
Portfolio Pulse from Benzinga Newsdesk
Esquire Financial Holdings reported Q1 adjusted earnings of $1.20 per share, surpassing the consensus estimate of $1.17 by 2.56% and marking an 8.11% increase from $1.11 per share in the same period last year.
April 25, 2024 | 12:46 pm
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Esquire Financial Holdings reported a positive earnings surprise in Q1, with earnings of $1.20 per share exceeding estimates by 2.56% and showing an 8.11% year-over-year growth.
Beating earnings estimates typically leads to positive investor sentiment and can cause a short-term increase in stock price. The 8.11% year-over-year growth further strengthens the case for a positive impact on ESQ's stock price in the short term.
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IMPORTANCE 90
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