Waterstone Financial Q2 EPS $0.31 Up From $0.20 YoY, Sales $10.68M Down From $12.68M YoY
Portfolio Pulse from Benzinga Newsdesk
Waterstone Financial (NASDAQ:WSBF) reported Q2 earnings per share (EPS) of $0.31, a 55% increase from $0.20 YoY. However, sales decreased by 15.75% to $10.68 million from $12.68 million YoY.
July 25, 2024 | 8:19 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
Waterstone Financial reported a significant increase in EPS by 55% YoY to $0.31, but experienced a 15.75% decline in sales to $10.68 million. This mixed performance may lead to short-term volatility in the stock price.
The significant increase in EPS is a positive indicator of profitability, but the decline in sales could raise concerns about revenue growth. This mixed result may cause short-term volatility as investors weigh the positive earnings against the negative sales trend.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100