MainStreet Bancshares Q2 2024 GAAP EPS $0.27 Misses $0.29 Estimate, Sales $16.162M Beat $16.160M Estimate
Portfolio Pulse from Benzinga Newsdesk
MainStreet Bancshares (NASDAQ:MNSB) reported Q2 2024 GAAP EPS of $0.27, missing the $0.29 estimate, and sales of $16.162M, slightly beating the $16.160M estimate. EPS decreased by 68.24% YoY, and sales decreased by 19.52% YoY.
July 29, 2024 | 12:08 pm
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MainStreet Bancshares reported Q2 2024 GAAP EPS of $0.27, missing the $0.29 estimate, and sales of $16.162M, slightly beating the $16.160M estimate. EPS decreased by 68.24% YoY, and sales decreased by 19.52% YoY.
The significant YoY decline in EPS and sales, along with the EPS miss, is likely to negatively impact investor sentiment and the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100