Tompkins Finl Q1 EPS $1.18 Beats $1.15 Estimate
Portfolio Pulse from Benzinga Newsdesk
Tompkins Financial Corporation (TMP) reported Q1 earnings of $1.18 per share, surpassing the consensus estimate of $1.15 by 2.61%. However, this represents a 12.59% decrease from the $1.35 per share earned in the same quarter last year.
April 26, 2024 | 1:04 pm
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Tompkins Financial Corporation (TMP) exceeded Q1 earnings expectations but saw a decrease from last year's earnings.
While TMP's earnings beat may positively impact investor sentiment in the short term, the year-over-year decrease could raise concerns about the company's growth trajectory, leading to a neutral short-term price direction.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100