Eagle Bancorp Q3 2024 GAAP EPS $0.72 Beats $0.44 Estimate, Sales $71.843M Miss $75.203M Estimate
Portfolio Pulse from Benzinga Newsdesk
Eagle Bancorp reported Q3 2024 earnings per share of $0.72, surpassing the expected $0.44, but sales of $71.843M fell short of the $75.203M estimate. Sales increased by 1.59% compared to the same period last year.
October 23, 2024 | 8:27 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Eagle Bancorp's Q3 2024 earnings per share significantly beat expectations, but sales fell short of estimates. Despite the sales miss, there was a year-over-year increase in sales.
The significant beat on EPS suggests strong profitability, which is positive for the stock. However, the sales miss could temper enthusiasm. The year-over-year sales increase provides some positive context.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100