LCNB Q2 Adj $0.29 Beats $0.18 Estimate, Sales $19.30M Beat $17.20M Estimate
Portfolio Pulse from Benzinga Newsdesk
LCNB (NASDAQ:LCNB) reported Q2 earnings of $0.29 per share, beating the analyst estimate of $0.18 by 61.11%. Sales were $19.30M, surpassing the $17.20M estimate and marking an 8.27% increase from last year.
July 24, 2024 | 12:17 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
LCNB reported Q2 earnings of $0.29 per share, beating the analyst estimate of $0.18 by 61.11%. Sales were $19.30M, surpassing the $17.20M estimate and marking an 8.27% increase from last year.
LCNB's earnings and sales both significantly exceeded analyst estimates, which is likely to positively impact the stock price in the short term. The strong performance despite a year-over-year decrease in earnings per share indicates resilience and potential for growth.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100