Waterstone Financial Q3 EPS $0.26 Up From $0.16 YoY, Sales $11.52M Down From $11.99M YoY
Portfolio Pulse from Benzinga Newsdesk
Waterstone Financial reported a 62.5% increase in Q3 EPS to $0.26, despite a 3.94% decrease in sales to $11.52M compared to the same period last year.
October 22, 2024 | 8:01 pm
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Waterstone Financial's Q3 earnings per share increased by 62.5% to $0.26, despite a slight decline in sales by 3.94% to $11.52 million. This indicates improved profitability.
The significant increase in EPS suggests improved profitability, which is a positive indicator for investors. The slight decline in sales is overshadowed by the strong earnings growth.
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