Arrow Financial Q1 EPS $0.45 Down From $0.50 YoY
Portfolio Pulse from Benzinga Newsdesk
Arrow Financial reported a decrease in quarterly earnings, with Q1 EPS at $0.45, down 10% from $0.50 YoY.
April 30, 2024 | 12:12 pm
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Arrow Financial reported a 10% decrease in quarterly earnings, with EPS falling to $0.45 from $0.50 year-over-year.
A decrease in earnings per share (EPS) typically indicates a reduction in profitability, which can lead to negative investor sentiment and potentially lower stock prices in the short term.
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