Veritex Holdings Q2 2024 Adj EPS $0.52 Misses $0.53 Estimate, Sales $106.814M Miss $108.392M Estimate
Portfolio Pulse from Benzinga Newsdesk
Veritex Holdings (NASDAQ:VBTX) reported Q2 2024 earnings of $0.52 per share, missing the analyst estimate of $0.53. Sales were $106.814 million, also below the $108.392 million estimate. Both earnings and sales decreased compared to the same period last year.
July 23, 2024 | 9:08 pm
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Veritex Holdings reported Q2 2024 earnings of $0.52 per share, missing the analyst estimate of $0.53. Sales were $106.814 million, also below the $108.392 million estimate. Both earnings and sales decreased compared to the same period last year.
The earnings and sales miss, along with the year-over-year decline in both metrics, are likely to negatively impact investor sentiment and the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100