OP Bancorp Q2 EPS $0.36 Beats $0.30 Estimate
Portfolio Pulse from Benzinga Newsdesk
OP Bancorp (NASDAQ:OPBK) reported Q2 earnings per share (EPS) of $0.36, surpassing the analyst consensus estimate of $0.30 by 20%. However, this represents a 7.69% decrease from the $0.39 EPS reported in the same period last year.
July 25, 2024 | 9:00 pm
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OP Bancorp reported Q2 EPS of $0.36, beating estimates by 20% but showing a 7.69% decline from last year. This mixed result may lead to short-term volatility in the stock price.
The positive earnings surprise is likely to boost investor sentiment in the short term, but the year-over-year decline in EPS may temper enthusiasm. Overall, the stock is expected to see some positive movement due to the earnings beat.
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