Princeton Bancorp Q1 EPS $0.68 Beats $0.65 Estimate
Portfolio Pulse from Benzinga Newsdesk
Princeton Bancorp (NASDAQ:BPRN) reported Q1 earnings of $0.68 per share, surpassing the consensus estimate of $0.65 by 4.62%. However, this represents a 28.42% decrease from the $0.95 per share earned in the same period last year.
April 25, 2024 | 8:05 pm
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Princeton Bancorp reported a Q1 EPS of $0.68, exceeding estimates but showing a significant year-over-year decline.
While the earnings beat may provide a short-term positive sentiment, the significant year-over-year decline could raise concerns about the company's growth trajectory and profitability, potentially offsetting the positive impact.
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