CORRECTION: Equity Bancshares Q2 Adj EPS $0.99 Beats $0.92 Estimate, Sales $55.43M Beat $55.15M Estimate
Portfolio Pulse from Benzinga Newsdesk
Equity Bancshares (NYSE:EQBK) reported Q2 adjusted EPS of $0.99, beating the $0.92 estimate and showing a 33.78% increase from last year. Sales were $55.43M, surpassing the $55.15M estimate and marking a 19.52% increase from the previous year.
July 16, 2024 | 8:48 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Equity Bancshares reported strong Q2 results with EPS of $0.99 beating estimates by 7.61% and sales of $55.43M exceeding expectations. Both EPS and sales showed significant year-over-year growth.
The strong earnings and sales performance, both beating analyst estimates and showing significant year-over-year growth, are likely to positively impact EQBK's stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100