Independent Bank Gr Q2 2024 Adj EPS $0.60 Beats $0.58 Estimate
Portfolio Pulse from Benzinga Newsdesk
Independent Bank Group (NASDAQ:IBTX) reported Q2 2024 adjusted earnings per share (EPS) of $0.60, surpassing the analyst consensus estimate of $0.58 by 3.45%.
July 24, 2024 | 9:06 pm
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Independent Bank Group (NASDAQ:IBTX) reported Q2 2024 adjusted EPS of $0.60, beating the analyst consensus estimate of $0.58 by 3.45%. This positive earnings surprise is likely to have a favorable short-term impact on the stock price.
The earnings beat indicates better-than-expected financial performance, which is typically viewed positively by investors and can lead to a short-term increase in the stock price.
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