Ohio Valley Banc Q2 EPS $0.63 Down From $0.68 YoY
Portfolio Pulse from Benzinga Newsdesk
Ohio Valley Banc (NASDAQ:OVBC) reported a 7.35% decrease in Q2 earnings per share (EPS), down to $0.63 from $0.68 in the same period last year.
July 26, 2024 | 2:50 pm
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NEGATIVE IMPACT
Ohio Valley Banc reported a 7.35% decrease in Q2 EPS, down to $0.63 from $0.68 YoY. This decline in earnings could negatively impact investor sentiment in the short term.
The decrease in EPS indicates a decline in profitability, which is likely to negatively impact investor sentiment and the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100