FS Bancorp Q2 EPS $1.13 Beats $1.02 Estimate
Portfolio Pulse from Benzinga Newsdesk
FS Bancorp (NASDAQ:FSBW) reported Q2 earnings per share (EPS) of $1.13, surpassing the analyst consensus estimate of $1.02 by 10.78%. However, this represents a 9.6% decrease from the $1.25 EPS reported in the same period last year.
July 23, 2024 | 8:37 pm
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FS Bancorp reported Q2 EPS of $1.13, beating estimates by 10.78%, but showing a 9.6% decline from last year.
The positive earnings surprise is likely to boost investor sentiment in the short term, despite the year-over-year decline in EPS. Beating analyst estimates by a significant margin often leads to a positive short-term price movement.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100