Princeton Bancorp Q2 EPS $0.80 Beats $0.69 Estimate, Sales $20.62M Beat $15.86M Estimate
Portfolio Pulse from Benzinga Newsdesk
Princeton Bancorp (NASDAQ:BPRN) reported Q2 earnings per share (EPS) of $0.80, beating the analyst estimate of $0.69. Sales were $20.62 million, surpassing the $15.86 million estimate. However, both EPS and sales were down compared to the same period last year.
July 25, 2024 | 8:17 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Princeton Bancorp reported Q2 EPS of $0.80, beating the $0.69 estimate, and sales of $20.62M, surpassing the $15.86M estimate. Despite beating estimates, both EPS and sales were down compared to the same period last year.
The company beat both EPS and sales estimates, which is positive news. However, the year-over-year decline in both metrics may temper investor enthusiasm. Overall, the short-term impact is likely positive due to the earnings beat.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100