Bridgewater Bancshares Q3 2024 GAAP EPS $0.27 Beats $0.24 Estimate, Sales $27.121M Beat $27.100M Estimate
Portfolio Pulse from Benzinga Newsdesk
Bridgewater Bancshares reported Q3 2024 earnings per share of $0.27, surpassing the analyst estimate of $0.24. The company's sales were $27.121 million, slightly above the expected $27.100 million, marking a 1.75% increase from the previous year.
October 23, 2024 | 8:21 pm
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Bridgewater Bancshares exceeded Q3 2024 earnings expectations with an EPS of $0.27, beating the $0.24 estimate. Sales also slightly surpassed expectations, reaching $27.121 million.
The company's earnings per share exceeded analyst expectations by 12.5%, and sales slightly surpassed estimates, indicating strong financial performance. This positive earnings report is likely to boost investor confidence and potentially lead to a short-term increase in stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100