HomeStreet Q3 2024 GAAP EPS $(0.39) Misses $(0.24) Estimate
Portfolio Pulse from Benzinga Newsdesk
HomeStreet reported a Q3 2024 GAAP EPS of $(0.39), missing the estimated $(0.24).
October 29, 2024 | 8:40 pm
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NEGATIVE IMPACT
HomeStreet's Q3 2024 earnings per share (EPS) came in at $(0.39), which is below the expected $(0.24). This earnings miss could negatively impact investor sentiment and the stock price in the short term.
The reported EPS of $(0.39) is significantly lower than the estimated $(0.24), indicating a worse-than-expected financial performance for the quarter. This earnings miss is likely to lead to negative investor sentiment and could result in a short-term decline in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100