Dime Community Bancshares Q2 2024 Adj EPS $0.37 Misses $0.38 Estimate, Sales $87.310M Beat $73.449M Estimate
Portfolio Pulse from Benzinga Newsdesk
Dime Community Bancshares (NASDAQ:DCOM) reported Q2 2024 earnings per share (EPS) of $0.37, missing the analyst estimate of $0.38. However, the company reported sales of $87.310 million, beating the estimate of $73.449 million.
July 23, 2024 | 11:32 am
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Dime Community Bancshares reported Q2 2024 EPS of $0.37, missing the $0.38 estimate, but sales of $87.310 million beat the $73.449 million estimate.
The mixed results, with EPS missing but sales beating estimates, are likely to have a neutral short-term impact on DCOM's stock price. The miss in EPS might concern investors, but the strong sales performance could offset some of that negativity.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100