Burke & Herbert Financial Q3 EPS $1.82 Beats $1.75 Estimate, Sales $83.80M Miss $85.95M Estimate
Portfolio Pulse from Benzinga Newsdesk
Burke & Herbert Financial reported Q3 earnings per share of $1.82, surpassing the estimate of $1.75, marking a significant increase from last year's $0.55. However, sales of $83.80M fell short of the $85.95M estimate, despite a substantial rise from $27.18M last year.
October 25, 2024 | 12:41 pm
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Burke & Herbert Financial's Q3 EPS of $1.82 exceeded expectations, showing strong growth from last year. However, sales of $83.80M missed estimates, despite a significant year-over-year increase.
The positive earnings surprise with a significant year-over-year increase in EPS is likely to have a positive impact on the stock price. However, the sales miss may temper the enthusiasm, but the overall growth in sales is a positive indicator.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100