Western New England Q3 EPS $0.09 Misses $0.10 Estimate
Portfolio Pulse from Benzinga Newsdesk
Western New England (NASDAQ:WNEB) reported Q3 earnings per share of $0.09, missing the analyst consensus estimate of $0.10. This represents a 57.14% decrease from the same period last year.
October 23, 2024 | 8:45 pm
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NEGATIVE IMPACT
Western New England's Q3 earnings per share of $0.09 missed the analyst consensus estimate of $0.10, representing a significant 57.14% decrease from the previous year.
The earnings miss and significant year-over-year decrease in EPS are likely to negatively impact investor sentiment and the stock price in the short term. Missing analyst estimates often leads to a negative market reaction.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100