First Financial Bancor Q3 2024 Adj. EPS $0.67 Beats $0.66 Estimate, Sales $201.261M Miss $214.275M Estimate
Portfolio Pulse from Benzinga Newsdesk
First Financial Bancor reported Q3 2024 earnings per share of $0.67, slightly beating the estimate of $0.66. However, sales were $201.261 million, missing the $214.275 million estimate and showing a 5.10% decrease from the previous year.
October 24, 2024 | 8:31 pm
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First Financial Bancor's Q3 2024 EPS of $0.67 beat estimates, but sales of $201.261M missed expectations and decreased 5.10% YoY.
The EPS beat indicates positive profitability, but the sales miss and YoY decline suggest potential challenges in revenue growth. This mixed result may lead to a neutral short-term stock price impact as investors weigh the earnings beat against the sales miss.
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