Servisfirst Bancshares Q3 2024 GAAP EPS $1.10 Beats $0.97 Estimate, Sales $123.67M Beat $120.56M Estimate
Portfolio Pulse from Benzinga Newsdesk
Servisfirst Bancshares reported Q3 2024 earnings per share of $1.10, surpassing the analyst estimate of $0.97. The company's sales were $123.67 million, exceeding the expected $120.56 million and marking a 14.69% increase from the previous year.
October 21, 2024 | 8:12 pm
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Servisfirst Bancshares reported better-than-expected Q3 2024 earnings and sales, with EPS of $1.10 beating the $0.97 estimate and sales of $123.67M surpassing the $120.56M estimate. This reflects a strong performance with a 14.69% YoY sales increase.
The company's earnings and sales both exceeded analyst expectations, indicating strong financial performance. The significant YoY sales growth further supports a positive outlook for the stock in the short term.
CONFIDENCE 100
IMPORTANCE 90
RELEVANCE 100