Business First Bancshares Q1 2024 Adj EPS $0.50 Misses $0.57 Estimate, Sales $60.917M Miss $62.224M Estimate
Portfolio Pulse from Benzinga Newsdesk
Business First Bancshares (NASDAQ:BFST) reported Q1 2024 adjusted EPS of $0.50, missing the $0.57 estimate, and sales of $60.917M, below the $62.224M estimate. This represents a 9.09% decrease in EPS and a 0.36% decrease in sales from the same period last year.

April 25, 2024 | 8:39 pm
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Business First Bancshares reported a miss in both EPS and sales for Q1 2024, with a notable decrease from the previous year's figures.
Missing both EPS and sales estimates, especially with a year-over-year decrease, typically leads to negative investor sentiment and could result in a short-term price decline for BFST. The reported figures indicate a performance downturn, which is critical for investors to note.
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IMPORTANCE 90
RELEVANCE 100