Eagle Bancorp shares are trading lower after the company reported worse-than-expected Q1 GAAP EPS results.
Portfolio Pulse from Benzinga Newsdesk
Eagle Bancorp's shares declined following the announcement of disappointing Q1 GAAP EPS results, falling short of expectations.
April 25, 2024 | 3:16 pm
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Eagle Bancorp's shares dropped due to disappointing Q1 GAAP EPS results, which were below market expectations.
Eagle Bancorp's shares are trading lower as the company's Q1 GAAP EPS results did not meet analysts' expectations. This negative earnings surprise typically leads to a decrease in stock price in the short term as investors adjust their expectations.
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