HarborOne Bancorp Q2 EPS $0.18 Beats $0.17 Estimate, Sales $31.35M Beat $30.78M Estimate
Portfolio Pulse from Benzinga Newsdesk
HarborOne Bancorp (NASDAQ:HONE) reported Q2 earnings per share (EPS) of $0.18, beating the analyst estimate of $0.17. The company also reported sales of $31.35 million, surpassing the $30.78 million estimate. Despite the beats, sales were down 2.34% year-over-year.
July 25, 2024 | 12:04 pm
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HarborOne Bancorp reported Q2 EPS of $0.18, beating the $0.17 estimate. Sales of $31.35M also exceeded the $30.78M estimate, though they were down 2.34% year-over-year.
The positive earnings and sales beats are likely to have a short-term positive impact on HONE's stock price. However, the year-over-year decline in sales may temper some of the enthusiasm.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100