Simmons First Ntl Q2 2024 Adj EPS $0.33 Beats $0.31 Estimate, Sales $197.204M Miss $201.839M Estimate
Portfolio Pulse from Benzinga Newsdesk
Simmons First National (NASDAQ: SFNC) reported Q2 2024 adjusted EPS of $0.33, beating the estimate of $0.31. However, sales were $197.204 million, missing the $201.839 million estimate and showing a 5.29% decrease from the same period last year.
July 24, 2024 | 12:03 pm
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Simmons First National reported mixed Q2 2024 results with EPS beating estimates but sales missing expectations and declining year-over-year.
The EPS beat is a positive sign, indicating better-than-expected profitability. However, the sales miss and year-over-year decline in revenue are concerning, leading to a neutral short-term impact on the stock price.
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