Affinity Bancshares Q1 EPS $0.20 Down From $0.26 YoY
Portfolio Pulse from Benzinga Newsdesk
Affinity Bancshares (NASDAQ:AFBI) reported a decrease in quarterly earnings to $0.20 per share, down 23.08% from $0.26 per share YoY.
April 26, 2024 | 8:34 pm
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NEGATIVE IMPACT
Affinity Bancshares reported a significant decrease in earnings, with Q1 EPS falling to $0.20 from $0.26 YoY.
The reported decrease in earnings per share (EPS) for Affinity Bancshares is significant and directly impacts investor perception of the company's financial health. A 23.08% year-over-year decrease in EPS is likely to be viewed negatively by the market, potentially leading to a decrease in stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100