Servisfirst Bancshares Q2 2024 GAAP EPS $0.95 Beats $0.91 Estimate, Sales $114.766M Beat $114.575M Estimate
Portfolio Pulse from Benzinga Newsdesk
Servisfirst Bancshares (NYSE:SFBS) reported Q2 2024 earnings per share (EPS) of $0.95, surpassing the analyst estimate of $0.91 by 4.4%. The company also reported sales of $114.766 million, beating the estimate of $114.575 million and marking a 4.49% increase from the same period last year.
July 15, 2024 | 8:05 pm
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POSITIVE IMPACT
Servisfirst Bancshares reported better-than-expected Q2 2024 earnings and sales, with EPS of $0.95 beating estimates by 4.4% and sales of $114.766 million surpassing expectations. This positive performance is likely to boost investor confidence in the short term.
The company's better-than-expected earnings and sales figures are likely to positively impact the stock price in the short term as they indicate strong financial performance and may boost investor confidence.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100