Equity Bancshares Q3 Sales $55.35M Miss $56.09M Estimate
Portfolio Pulse from Benzinga Newsdesk
Equity Bancshares reported Q3 sales of $55.35 million, missing the analyst estimate of $56.09 million by 1.32%, but showing an 11.26% increase from last year.
October 15, 2024 | 8:50 pm
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NEGATIVE IMPACT
Equity Bancshares reported Q3 sales of $55.35 million, missing the analyst estimate of $56.09 million by 1.32%, but showing an 11.26% increase from last year.
The sales miss against analyst expectations could lead to a short-term negative impact on the stock price. However, the year-over-year increase in sales may mitigate some of the negative sentiment.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100