BayCom Q3 2024 GAAP EPS $0.54 Beats $0.51 Estimate, Sales $25.61M Beat $22.80M Estimate
Portfolio Pulse from Benzinga Newsdesk
BayCom (NASDAQ:BCML) reported Q3 2024 earnings of $0.54 per share, beating estimates of $0.51, despite a year-over-year decrease. Sales were $25.61M, surpassing the $22.80M estimate, but also down from last year.
October 17, 2024 | 8:49 pm
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BayCom's Q3 2024 earnings per share of $0.54 exceeded analyst expectations of $0.51, despite a slight decline from last year's $0.56. Sales also surpassed estimates, reaching $25.61M against the expected $22.80M.
BayCom's earnings and sales both exceeded analyst expectations, which is typically a positive indicator for stock performance. However, the year-over-year decline in both metrics may temper investor enthusiasm.
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