Flushing Financial Q2 2024 Adj. EPS $0.18, Inline, Sales $46.992M Miss $47.162M Estimate
Portfolio Pulse from Benzinga Newsdesk
Flushing Financial (NASDAQ:FFIC) reported Q2 2024 adjusted EPS of $0.18, meeting analyst expectations. However, the company missed sales estimates, reporting $46.992 million compared to the expected $47.162 million, a 0.36% shortfall and a 3.11% decrease from the same period last year.
July 29, 2024 | 8:45 pm
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Flushing Financial reported Q2 2024 EPS of $0.18, meeting expectations, but missed sales estimates with $46.992 million, a 0.36% shortfall and a 3.11% decrease YoY.
The EPS meeting expectations is neutral news, but the slight miss in sales and the year-over-year decline could create some negative sentiment. However, the impact is likely to be moderate given the small magnitude of the miss.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100