Shore Bancshares Q2 2024 GAAP EPS $0.34 Beats $0.33 Estimate, Sales $50.580M Beat $41.770M Estimate
Portfolio Pulse from Benzinga Newsdesk
Shore Bancshares reported Q2 2024 GAAP EPS of $0.34, beating the estimate of $0.33. Sales were $50.580M, surpassing the $41.770M estimate.
July 25, 2024 | 10:50 am
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POSITIVE IMPACT
Shore Bancshares reported better-than-expected Q2 2024 results with GAAP EPS of $0.34 and sales of $50.580M, both beating estimates.
The better-than-expected earnings and sales figures are likely to positively impact SHBI's stock price in the short term as they indicate strong financial performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100