CF Bankshares Q2 EPS $0.26 Down From $0.66 YoY
Portfolio Pulse from Benzinga Newsdesk
CF Bankshares (NASDAQ:CFBK) reported a significant decrease in quarterly earnings, with Q2 EPS dropping to $0.26 from $0.66 YoY, marking a 60.61% decline.
August 06, 2024 | 2:47 pm
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CF Bankshares reported a 60.61% decrease in Q2 EPS, dropping from $0.66 to $0.26 YoY. This significant decline in earnings is likely to negatively impact the stock price in the short term.
The substantial drop in earnings per share (EPS) indicates weaker financial performance compared to the same period last year. This is likely to lead to a negative market reaction and a decline in the stock price in the short term.
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IMPORTANCE 80
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