Reported Wednesday, Northfield Bancorp Q2 EPS $0.14, Inline, Sales $28.69M Beat $28.09M Estimate
Portfolio Pulse from Benzinga Newsdesk
Northfield Bancorp (NASDAQ:NFBK) reported Q2 earnings per share of $0.14, meeting analyst expectations, and sales of $28.69 million, beating estimates by 2.13%. However, both EPS and sales showed a decline compared to the same period last year.
July 25, 2024 | 7:55 am
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Northfield Bancorp reported Q2 EPS of $0.14, meeting expectations, and sales of $28.69M, beating estimates by 2.13%. However, both EPS and sales declined YoY.
While Northfield Bancorp met EPS expectations and slightly beat sales estimates, the YoY decline in both EPS and sales may concern investors. The mixed results are likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100