Community Financial Q2 2024 Adj EPS $0.95 Beats $0.81 Estimate, Sales $183.799M Beat $179.556M Estimate
Portfolio Pulse from Benzinga Newsdesk
Community Financial (NYSE:CBU) reported Q2 2024 adjusted EPS of $0.95, beating the $0.81 estimate. Sales were $183.799M, surpassing the $179.556M estimate and showing a 4.87% increase from last year's $175.263M.
July 23, 2024 | 10:49 am
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POSITIVE IMPACT
Community Financial reported strong Q2 2024 results with EPS of $0.95 beating estimates by 17.28% and sales of $183.799M exceeding expectations by 2.36%. This performance indicates robust financial health and growth.
The significant beat on both EPS and sales estimates suggests strong operational performance and financial health, likely leading to positive investor sentiment and a short-term increase in stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100