First Business Finl Servs Q2 2024 Adj EPS $1.23 Beats $1.09 Estimate
Portfolio Pulse from Benzinga Newsdesk
First Business Financial Services (NASDAQ:FBIZ) reported Q2 2024 adjusted earnings per share (EPS) of $1.23, surpassing the analyst consensus estimate of $1.09 by 12.84%.
July 25, 2024 | 8:41 pm
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POSITIVE IMPACT
First Business Financial Services reported Q2 2024 adjusted EPS of $1.23, beating the analyst estimate of $1.09 by 12.84%. This positive earnings surprise is likely to boost investor confidence and could lead to a short-term increase in the stock price.
The significant earnings beat indicates strong financial performance, which is likely to positively impact investor sentiment and drive the stock price higher in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100