ACNB Q3 EPS $0.84 Misses $0.86 Estimate, Sales $27.75M Beat $27.28M Estimate
Portfolio Pulse from Benzinga Newsdesk
ACNB reported Q3 earnings per share of $0.84, missing the $0.86 estimate, and a 20.75% decrease from last year. However, sales of $27.75M beat the $27.28M estimate, despite a 1.05% decrease from last year.
October 24, 2024 | 12:22 pm
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NEUTRAL IMPACT
ACNB's Q3 earnings per share missed estimates, showing a significant year-over-year decline, but sales slightly exceeded expectations.
The earnings miss and significant year-over-year decline in EPS could negatively impact investor sentiment. However, the sales beat might offset some of the negative impact, leading to a mixed short-term price direction.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100