Affinity Bancshares Q2 EPS $0.16 Down From $0.24 YoY
Portfolio Pulse from Benzinga Newsdesk
Affinity Bancshares (NASDAQ:AFBI) reported a Q2 EPS of $0.16, down 33.33% from $0.24 YoY.
July 26, 2024 | 8:31 pm
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NEGATIVE IMPACT
Affinity Bancshares reported a significant decrease in Q2 EPS, down 33.33% from the same period last year. This decline may negatively impact investor sentiment and short-term stock price.
The 33.33% decrease in EPS indicates a significant decline in profitability, which is likely to concern investors and lead to a short-term drop in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100