Magyar Bancorp Q3 EPS $0.27 Down From $0.30 YoY
Portfolio Pulse from Benzinga Newsdesk
Magyar Bancorp (NASDAQ:MGYR) reported Q3 earnings per share of $0.27, a 10% decrease from $0.30 per share in the same period last year.
July 25, 2024 | 8:22 pm
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Magyar Bancorp reported a 10% decrease in Q3 earnings per share, from $0.30 last year to $0.27 this year. This decline may concern investors and could lead to a short-term negative impact on the stock price.
The 10% decrease in earnings per share is a significant drop that may concern investors, leading to a potential short-term decline in the stock price. The earnings report is a critical indicator of the company's financial health.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100