SmartFinancial Q3 Adj $0.54 Beats $0.47 Estimate, Sales $44.17M Beat $42.37M Estimate
Portfolio Pulse from Benzinga Newsdesk
SmartFinancial (NYSE:SMBK) reported strong Q3 earnings, with adjusted EPS of $0.54 beating estimates by 14.89% and sales of $44.17M surpassing expectations by 4.25%. Both earnings and sales showed significant year-over-year growth.
October 21, 2024 | 9:09 pm
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SmartFinancial's Q3 results exceeded expectations with EPS of $0.54, a 14.89% beat, and sales of $44.17M, a 4.25% beat. Both metrics showed significant growth compared to last year.
The company's earnings per share and sales both exceeded analyst expectations, indicating strong financial performance. The significant year-over-year growth in both earnings and sales suggests positive momentum, likely leading to a short-term increase in stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100