LCNB Q3 Adj EPS $0.34 Beats $0.27 Estimate
Portfolio Pulse from Benzinga Newsdesk
LCNB reported Q3 earnings of $0.34 per share, surpassing the analyst estimate of $0.27, despite a 15% decrease from last year's $0.40 per share.
October 21, 2024 | 8:38 pm
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LCNB's Q3 earnings per share of $0.34 exceeded analyst expectations of $0.27, marking a positive surprise despite a year-over-year decline from $0.40.
LCNB's earnings beat the consensus estimate by a significant margin, which is typically viewed positively by investors and can lead to a short-term increase in stock price. However, the year-over-year decline in EPS may temper some of the enthusiasm.
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