Capitol Federal Finl Q3 2024 GAAP EPS $0.07 Misses $0.11 Estimate, Sales $40.324M Miss $42.469M Estimate
Portfolio Pulse from Benzinga Newsdesk
Capitol Federal Financial (NASDAQ:CFFN) reported Q3 2024 GAAP EPS of $0.07, missing the $0.11 estimate by 36.36%. Sales were $40.324M, missing the $42.469M estimate by 5.05%. Despite the miss, sales increased by 16.04% compared to the same period last year.
July 24, 2024 | 1:14 pm
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NEGATIVE IMPACT
Capitol Federal Financial reported Q3 2024 earnings and sales that missed analyst estimates. EPS was $0.07, missing the $0.11 estimate by 36.36%, and sales were $40.324M, missing the $42.469M estimate by 5.05%. However, sales increased by 16.04% YoY.
The significant miss on both EPS and sales estimates is likely to negatively impact the stock price in the short term. However, the year-over-year sales increase may provide some support.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100