City Holding Q3 2024 GAAP EPS $2.02 Beats $1.92 Estimate, Sales $75.953M Beat $73.566M Estimate
Portfolio Pulse from Benzinga Newsdesk
City Holding reported Q3 2024 GAAP EPS of $2.02, surpassing the estimate of $1.92. The company's sales reached $75.953 million, exceeding the expected $73.566 million.
October 24, 2024 | 11:45 am
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City Holding's Q3 2024 earnings and sales exceeded expectations, with GAAP EPS at $2.02 and sales at $75.953 million.
City Holding's better-than-expected earnings and sales figures are likely to positively impact its stock price in the short term. Beating both EPS and sales estimates typically boosts investor confidence and can lead to a stock price increase.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100