NBT Bancorp Q2 2024 GAAP EPS $0.69, Inline, Sales $140.406M Beat $139.253M Estimate
Portfolio Pulse from Benzinga Newsdesk
NBT Bancorp (NASDAQ:NBTB) reported Q2 2024 earnings per share (EPS) of $0.69, which met analyst expectations. The company also reported sales of $140.406 million, beating the estimate of $139.253 million and marking a 15.91% increase from the same period last year.
July 22, 2024 | 8:17 pm
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NBT Bancorp reported Q2 2024 EPS of $0.69, meeting analyst expectations, and sales of $140.406 million, beating estimates and showing a significant year-over-year increase.
The company's earnings per share met expectations, which is neutral news. However, the significant beat on sales and the strong year-over-year growth are positive indicators that could lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100