Independent Bank Gr Q3 2024 Adj EPS $0.50 Misses $0.68 Estimate
Portfolio Pulse from Benzinga Newsdesk
Independent Bank Group reported Q3 2024 earnings of $0.50 per share, missing the analyst consensus estimate of $0.68 by 26.47%. This represents a 36.71% decrease from the same period last year.
October 21, 2024 | 9:04 pm
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Independent Bank Group's Q3 2024 earnings per share of $0.50 missed analyst expectations of $0.68, marking a significant 36.71% decline from the previous year.
The significant miss on earnings expectations and the year-over-year decline in EPS are likely to negatively impact investor sentiment, leading to short-term downward pressure on IBTX's stock price.
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