Burke & Herbert Financial Q1 EPS $0.69 Down From $1.00 YoY, Sales $26.39M Down From $28.99M YoY
Portfolio Pulse from Benzinga Newsdesk
Burke & Herbert Financial (NASDAQ:BHRB) reported a decrease in Q1 earnings to $0.69 per share, down from $1.00 YoY, and a sales decline to $26.39M from $28.99M YoY.
April 26, 2024 | 12:37 pm
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NEGATIVE IMPACT
Burke & Herbert Financial reported a significant decrease in both earnings per share and sales in Q1 compared to the previous year.
The reported decrease in earnings per share and sales for Burke & Herbert Financial is a clear indicator of financial underperformance compared to the previous year. This is likely to negatively impact investor sentiment and could lead to a decrease in stock price in the short term.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100