Hanmi Financial Q3 2024 GAAP EPS $0.49 Beats $0.48 Estimate, Sales $58.489M Miss $58.984M Estimate
Portfolio Pulse from Benzinga Newsdesk
Hanmi Financial reported Q3 2024 earnings per share of $0.49, slightly beating the estimate of $0.48. However, sales were $58.489 million, missing the $58.984 million estimate and showing an 11.49% decrease from the previous year.

October 22, 2024 | 8:07 pm
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Hanmi Financial's Q3 2024 EPS of $0.49 beat expectations, but sales of $58.489M missed estimates and decreased 11.49% YoY, indicating mixed financial performance.
The EPS beat suggests some positive operational efficiency or cost management, but the sales miss and YoY decline indicate potential challenges in revenue generation. This mixed result may lead to neutral short-term stock movement as investors weigh the positives against the negatives.
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