FVCBankcorp Q2 Adj $0.30 Beats $0.21 Estimate, Sales $13.67M Beat $13.41M Estimate
Portfolio Pulse from Benzinga Newsdesk
FVCBankcorp (NASDAQ:FVCB) reported Q2 earnings of $0.30 per share, beating the analyst estimate of $0.21. Sales were $13.67 million, also surpassing the $13.41 million estimate. Despite the beats, both earnings and sales were down compared to the same period last year.
July 25, 2024 | 8:18 pm
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FVCBankcorp reported Q2 earnings of $0.30 per share, beating the analyst estimate of $0.21. Sales were $13.67 million, also surpassing the $13.41 million estimate. Despite the beats, both earnings and sales were down compared to the same period last year.
The earnings and sales beats are positive news and likely to boost investor confidence in the short term. However, the year-over-year declines in both metrics may temper some of the enthusiasm.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100