Lake Shore Savings Bank Q3 2024 Total Revenue $6.2M; GAAP EPS $0.24 Per Share Vs $0.27 YoY
Portfolio Pulse from Benzinga Newsdesk
Lake Shore Savings Bank reported its Q3 2024 financial results, showing a total revenue of $6.2 million and a GAAP EPS of $0.24 per share, compared to $0.27 per share year-over-year.
October 23, 2024 | 8:54 pm
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Lake Shore Savings Bank's Q3 2024 earnings report shows a decrease in GAAP EPS to $0.24 from $0.27 YoY, with total revenue at $6.2 million.
The decrease in GAAP EPS from $0.27 to $0.24 indicates a decline in profitability, which is likely to negatively impact the stock price in the short term. The revenue figure of $6.2 million provides context but does not offset the negative EPS trend.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100