Arrow Financial Q2 EPS $0.52 Misses $0.54 Estimate
Portfolio Pulse from Benzinga Newsdesk
Arrow Financial (NASDAQ:AROW) reported Q2 earnings per share (EPS) of $0.52, missing the analyst consensus estimate of $0.54 by 3.7%. Despite the miss, this represents a 48.57% increase over the same period last year.
July 25, 2024 | 12:06 pm
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Arrow Financial reported Q2 EPS of $0.52, missing the $0.54 estimate by 3.7%. Despite the miss, EPS increased by 48.57% YoY.
The miss on EPS estimates by 3.7% is likely to have a negative short-term impact on the stock price. However, the significant YoY increase in EPS may mitigate some of the negative sentiment.
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