Old Second Bancorp Q2 2024 Adj EPS $0.46 Misses $0.47 Estimate
Portfolio Pulse from Benzinga Newsdesk
Old Second Bancorp (NASDAQ:OSBC) reported Q2 2024 adjusted earnings per share (EPS) of $0.46, missing the analyst consensus estimate of $0.47 by 2.13%. This represents a 17.86% decrease from the $0.56 EPS reported in the same period last year.
July 17, 2024 | 8:18 pm
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NEGATIVE IMPACT
Old Second Bancorp reported Q2 2024 adjusted EPS of $0.46, missing the analyst estimate of $0.47 and showing a significant YoY decline of 17.86%.
The miss on EPS estimates and the significant year-over-year decline in earnings are likely to negatively impact investor sentiment and the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100