California Bancorp Q2 2024 EPS $(0.68) Vs $0.65 YoY
Portfolio Pulse from Benzinga Newsdesk
California Bancorp reported a Q2 2024 EPS of $(0.68), a significant decline compared to $0.65 in the same quarter last year.
July 29, 2024 | 12:09 pm
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California Bancorp reported a Q2 2024 EPS of $(0.68), a significant decline compared to $0.65 in the same quarter last year.
The significant drop in EPS from $0.65 to $(0.68) indicates a substantial decline in profitability, which is likely to negatively impact investor sentiment and the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100