German American Bancorp Q1 EPS $0.64, Inline
Portfolio Pulse from Benzinga Newsdesk
German American Bancorp (NASDAQ:GABC) reported Q1 earnings of $0.64 per share, meeting analyst consensus but marking a 9.86% decrease from the previous year's $0.71 per share.
April 29, 2024 | 8:52 pm
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German American Bancorp reported Q1 earnings of $0.64 per share, meeting expectations but showing a decrease from last year's earnings.
The reported earnings of $0.64 per share, while in line with analyst expectations, represent a decrease from the previous year's earnings of $0.71 per share. This year-over-year decline in earnings per share could potentially lead to negative investor sentiment in the short term, impacting the stock price negatively.
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