LCNB Q1 Adj $0.20 Misses $0.36 Estimate
Portfolio Pulse from Benzinga Newsdesk
LCNB Corp reported Q1 adjusted earnings of $0.20 per share, missing the consensus estimate of $0.36 by 44.44%. This represents a 45.95% decrease from the $0.37 per share earned in the same period last year.
April 30, 2024 | 12:23 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
LCNB Corp reported significantly lower Q1 earnings than expected, missing analyst estimates and showing a substantial year-over-year decline.
The significant miss in earnings expectations and the notable decrease from the previous year's earnings are likely to negatively impact investor sentiment and could lead to a short-term decrease in LCNB's stock price.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100