Northeast Bank Q4 2024 GAAP EPS $1.91 Beats $1.79 Estimate, Sales $40.027M Beat $37.900M Estimate
Portfolio Pulse from Benzinga Newsdesk
Northeast Bank (NASDAQ:NBN) reported Q4 2024 earnings per share (EPS) of $1.91, surpassing the analyst consensus estimate of $1.79 by 6.7%. The company also reported quarterly sales of $40.027 million, beating the estimate of $37.900 million by 5.61%. This represents a 13.50% increase over the same period last year.
July 29, 2024 | 8:53 pm
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Northeast Bank (NASDAQ:NBN) reported Q4 2024 earnings per share (EPS) of $1.91, surpassing the analyst consensus estimate of $1.79 by 6.7%. The company also reported quarterly sales of $40.027 million, beating the estimate of $37.900 million by 5.61%. This represents a 13.50% increase over the same period last year.
Northeast Bank's strong Q4 2024 performance, with EPS and sales both exceeding analyst estimates, is likely to positively impact the stock price in the short term. The significant year-over-year sales growth further supports a positive outlook.
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IMPORTANCE 90
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