Valley Ntl Q3 2024 Adj. EPS $0.18, Inline, Sales $471.169M Beat $466.767M Estimate
Portfolio Pulse from Benzinga Newsdesk
Valley National (NASDAQ:VLY) reported Q3 2024 earnings per share of $0.18, meeting analyst expectations. The company's sales were $471.169 million, surpassing the $466.767 million estimate, marking a slight increase from the previous year.
October 24, 2024 | 11:03 am
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Valley National's Q3 2024 earnings per share of $0.18 met expectations, while sales of $471.169 million exceeded estimates, showing a slight year-over-year increase.
The earnings per share meeting expectations suggests stability, while the sales beat indicates better-than-expected performance, which is likely to positively impact the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100