BayFirst Financial Q3 Gaap EPS $0.18 Down From $0.42 YoY, Sales $21.72M Down From $23.07M YoY
Portfolio Pulse from Benzinga Newsdesk
BayFirst Financial reported a significant decrease in its Q3 earnings and sales compared to the previous year. The company's EPS dropped by 57.14% to $0.18, and sales decreased by 5.86% to $21.72 million.
October 24, 2024 | 8:02 pm
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NEGATIVE IMPACT
BayFirst Financial's Q3 earnings per share decreased by 57.14% to $0.18, and sales fell by 5.86% to $21.72 million compared to the same period last year.
The significant drop in both EPS and sales indicates potential challenges for BayFirst Financial, likely leading to a negative short-term impact on its stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100