PCB Bancorp Q1 EPS $0.33 Misses $0.44 Estimate
Portfolio Pulse from Benzinga Newsdesk
PCB Bancorp (NASDAQ:PCB) reported Q1 earnings of $0.33 per share, missing the consensus estimate of $0.44 by 25%. This represents a 52.86% decrease from the $0.70 per share earned in the same period last year.
April 25, 2024 | 8:46 pm
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NEGATIVE IMPACT
PCB Bancorp reported a significant miss in Q1 earnings and a sharp decline from last year's performance.
The miss in earnings and the significant year-over-year decline are likely to negatively impact investor sentiment and could lead to a short-term decrease in PCB Bancorp's stock price.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100