Bar Harbor Bankshares Q2 Adj $0.67 Beats $0.65 Estimate, Sales $37.39M Beat $37.25M Estimate
Portfolio Pulse from Benzinga Newsdesk
Bar Harbor Bankshares (AMEX:BHB) reported Q2 earnings of $0.67 per share, beating the analyst estimate of $0.65. Sales were $37.39 million, also surpassing the $37.25 million estimate. However, both earnings and sales showed a year-over-year decline.
July 18, 2024 | 8:44 pm
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Bar Harbor Bankshares reported Q2 earnings of $0.67 per share, beating the analyst estimate of $0.65. Sales were $37.39 million, also surpassing the $37.25 million estimate. However, both earnings and sales showed a year-over-year decline.
The earnings and sales beat analyst estimates, which is generally positive for the stock. However, the year-over-year decline in both metrics may temper investor enthusiasm.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100