National Bank Holdings Q3 2024 GAAP EPS $0.86 Beats $0.75 Estimate, Sales $106.042M Beat $104.588M Estimate
Portfolio Pulse from Benzinga Newsdesk
National Bank Holdings (NYSE:NBHC) reported Q3 2024 earnings per share of $0.86, surpassing the analyst estimate of $0.75. Sales were $106.042 million, exceeding the $104.588 million estimate, despite a 2.46% decrease from the previous year.
October 22, 2024 | 8:12 pm
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National Bank Holdings reported better-than-expected Q3 2024 earnings and sales, with EPS at $0.86 beating the $0.75 estimate and sales at $106.042M surpassing the $104.588M estimate. However, sales decreased by 2.46% compared to the previous year.
The positive earnings surprise and sales beat are likely to boost investor confidence and support a short-term increase in NBHC's stock price. The slight year-over-year sales decline may temper enthusiasm but is outweighed by the earnings beat.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100