Glacier Bancorp Q3 2024 GAAP EPS $0.45 Beats $0.41 Estimate, Sales $180.231M Miss $186.939M Estimate
Portfolio Pulse from Benzinga Newsdesk
Glacier Bancorp reported Q3 2024 earnings per share of $0.45, surpassing the analyst estimate of $0.41. However, their sales of $180.231 million fell short of the expected $186.939 million, despite a 7.89% increase from the previous year.
October 24, 2024 | 8:31 pm
News sentiment analysis
Sort by:
Descending
NEUTRAL IMPACT
Glacier Bancorp's Q3 2024 earnings per share exceeded expectations, but sales fell short. The EPS of $0.45 beat the $0.41 estimate, while sales of $180.231 million missed the $186.939 million forecast.
The positive EPS surprise is a good sign for investors, indicating better-than-expected profitability. However, the sales miss could raise concerns about revenue growth, leading to mixed market reactions. The stock may experience volatility as investors weigh these factors.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100