FB Financial Q3 2024 Adj. EPS $0.86 Beats $0.80 Estimate, Sales $89.520M Miss $128.281M Estimate
Portfolio Pulse from Benzinga Newsdesk
FB Financial (NYSE:FBK) reported Q3 2024 earnings per share of $0.86, beating the consensus estimate of $0.80. However, sales were $89.520 million, missing the $128.281 million estimate and showing a decline from the previous year.
October 15, 2024 | 10:18 am
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FB Financial's Q3 2024 EPS of $0.86 beat expectations, but sales of $89.520M missed estimates and declined from last year, indicating mixed financial performance.
The earnings per share beat expectations, which is positive, but the significant miss in sales and year-over-year decline could offset the positive EPS impact, leading to a neutral short-term stock price movement.
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