Park Ntl Q3 Adj $2.25 Misses $2.29 Estimate
Portfolio Pulse from Benzinga Newsdesk
Park National Corporation (AMEX:PRK) reported Q3 earnings of $2.25 per share, missing the analyst consensus estimate of $2.29 by 1.75%. This represents a 1.32% decrease from the same period last year.
October 28, 2024 | 8:26 pm
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Park National Corporation reported Q3 earnings of $2.25 per share, missing the consensus estimate of $2.29. This marks a 1.32% decrease from last year's earnings for the same period.
The earnings miss, although slight, is likely to have a negative short-term impact on Park National's stock price. Missing analyst estimates can lead to decreased investor confidence, and the year-over-year decrease in earnings further compounds this effect.
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