Northeast Bank Q1 EPS $2.11 Beats $1.77 Estimate, Sales $43.12M Beat $38.58M Estimate
Portfolio Pulse from Benzinga Newsdesk
Northeast Bank (NASDAQ:NBN) reported strong Q1 earnings, with EPS of $2.11 beating estimates by 19.21% and sales of $43.12M surpassing expectations by 11.77%. Both earnings and sales showed significant year-over-year growth.
October 29, 2024 | 9:09 pm
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Northeast Bank's Q1 earnings per share of $2.11 exceeded expectations by 19.21%, and sales of $43.12M beat estimates by 11.77%. Both metrics showed strong year-over-year growth.
The significant beat on both EPS and sales estimates, along with year-over-year growth, suggests positive investor sentiment and potential upward movement in NBN's stock price.
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