Lloyds Banking Group Q3 EPS $0.10, Same YoY, Sales $4.00B Down From $6.00B YoY
Portfolio Pulse from totan@benzinga.com
Lloyds Banking Group reported Q3 earnings per share of $0.10, unchanged from last year, but sales dropped significantly by 33.31% to $4.00 billion from $6.00 billion.
October 23, 2024 | 10:34 am
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Lloyds Banking Group's Q3 earnings per share remained stable at $0.10, but the company experienced a significant 33.31% drop in sales to $4.00 billion compared to the previous year.
The unchanged EPS suggests stable profitability, but the significant drop in sales indicates potential challenges in revenue generation, likely putting short-term pressure on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100