Columbia Financial Q2 Adj $0.04 Beats $0.03 Estimate
Portfolio Pulse from Benzinga Newsdesk
Columbia Financial (NASDAQ:CLBK) reported Q2 earnings of $0.04 per share, beating the analyst estimate of $0.03. However, this represents a 63.64% decrease from the $0.11 per share reported in the same period last year.
July 31, 2024 | 12:05 pm
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Columbia Financial reported Q2 earnings of $0.04 per share, beating the analyst estimate of $0.03. However, this is a significant decrease from the $0.11 per share reported in the same period last year.
While Columbia Financial's Q2 earnings beat analyst estimates, the significant year-over-year decrease in earnings per share may concern investors. This mixed result is likely to result in a neutral short-term impact on the stock price.
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