Atlantic Union Bankshares Q2 2024 Adj EPS $0.63 Misses $0.64 Estimate, Sales $208.346M Miss $216.026M Estimate
Portfolio Pulse from Benzinga Newsdesk
Atlantic Union Bankshares (NYSE:AUB) reported Q2 2024 earnings per share of $0.63, missing the analyst estimate of $0.64. The company also reported sales of $208.346 million, falling short of the $216.026 million estimate and showing a 3.62% decrease from the same period last year.
July 25, 2024 | 10:35 am
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Atlantic Union Bankshares reported Q2 2024 earnings per share of $0.63, missing the analyst estimate of $0.64. The company also reported sales of $208.346 million, falling short of the $216.026 million estimate and showing a 3.62% decrease from the same period last year.
The earnings and sales miss, along with a year-over-year sales decline, are likely to negatively impact investor sentiment and the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100