CF Bankshares Q1 EPS $0.47 Down From $0.68 YoY
Portfolio Pulse from Benzinga Newsdesk
CF Bankshares (NASDAQ:CFBK) reported a decrease in quarterly earnings to $0.47 per share, down 30.88% from $0.68 per share YoY.
May 07, 2024 | 1:05 pm
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NEGATIVE IMPACT
CF Bankshares reported a significant decrease in quarterly earnings, with EPS falling to $0.47 from $0.68 YoY.
The reported decrease in earnings per share (EPS) by 30.88% YoY is a significant negative development for CF Bankshares. This decline in profitability could lead to negative investor sentiment and potentially result in a decrease in stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100