First Savings Financial Q2 2024 Adj EPS $0.52 Beats $0.45 Estimate, Sales $14.338 Miss $14.684M Estimate
Portfolio Pulse from Benzinga Newsdesk
First Savings Financial (NASDAQ:FSFG) reported Q2 2024 adjusted EPS of $0.52, surpassing the $0.45 estimate, but its sales of $14.338M fell short of the $14.684M forecast. This represents a 3.7% decrease in EPS and a significant sales drop from the same period last year.
April 26, 2024 | 6:56 am
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First Savings Financial's Q2 2024 earnings beat EPS estimates but missed on sales, indicating mixed financial health.
The beat on EPS estimates could be seen positively by investors, suggesting operational efficiency or cost management. However, the miss on sales and the significant year-over-year decrease could raise concerns about revenue growth and market demand. The mixed results make the short-term impact neutral, as positive earnings are offset by disappointing sales figures.
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