RBB Bancorp Q3 EPS $0.39 Beats $0.38 Estimate, Sales $30.29M Beat $28.36M Estimate
Portfolio Pulse from Benzinga Newsdesk
RBB Bancorp reported Q3 earnings per share of $0.39, surpassing the analyst estimate of $0.38, despite a year-over-year decrease. Sales also exceeded expectations at $30.29 million, though slightly down from last year.
October 21, 2024 | 8:20 pm
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RBB Bancorp's Q3 earnings per share of $0.39 exceeded analyst expectations of $0.38, despite a decrease from last year's $0.45. Sales also beat estimates at $30.29 million, though slightly down from $30.36 million last year.
RBB Bancorp'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.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100