Nicolet Bankshares Q3 Adj $2.04 Beats $1.86 Estimate, Sales $68.37M Beat $66.43M Estimate
Portfolio Pulse from Benzinga Newsdesk
Nicolet Bankshares reported Q3 earnings of $2.04 per share, surpassing the $1.86 estimate, and sales of $68.37M, exceeding the $66.43M estimate. This marks a significant year-over-year growth in both earnings and sales.
October 15, 2024 | 8:15 pm
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Nicolet Bankshares reported strong Q3 results, with earnings and sales both exceeding analyst estimates. Earnings per share increased by 32.47% year-over-year, and sales grew by 11.21%.
The company's earnings per share and sales both exceeded analyst expectations, indicating strong financial performance. The significant year-over-year growth in both metrics suggests positive momentum, likely leading to a short-term increase in stock price.
CONFIDENCE 100
IMPORTANCE 90
RELEVANCE 100