HMN Finl Q2 EPS $0.22 Down From $0.32 YoY, Sales $9.702M Up From $9.70M YoY
Portfolio Pulse from Benzinga Newsdesk
HMN Financial (NASDAQ:HMNF) reported a Q2 EPS of $0.22, down 31.25% from $0.32 YoY, with sales of $9.702M, a slight increase from $9.70M YoY.
July 23, 2024 | 6:14 am
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NEGATIVE IMPACT
HMN Financial reported a significant decrease in Q2 EPS, down 31.25% YoY to $0.22, despite a marginal increase in sales to $9.702M.
The significant drop in EPS indicates a decline in profitability, which is likely to negatively impact investor sentiment and the stock price in the short term, despite the marginal increase in sales.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100