Red River Bancshares Q3 2024 GAAP EPS $1.27 Beats $1.19 Estimate, Sales $27.900M Beat $22.401M Estimate
Portfolio Pulse from Benzinga Newsdesk
Red River Bancshares reported Q3 2024 earnings per share of $1.27, surpassing the analyst estimate of $1.19. The company's sales were $27.9 million, exceeding the expected $22.401 million and marking a 6.06% increase from the previous year.
October 30, 2024 | 12:39 pm
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Red River Bancshares exceeded Q3 2024 earnings and sales estimates, with EPS of $1.27 and sales of $27.9M, indicating strong financial performance.
The company's earnings per share and sales both exceeded analyst expectations significantly, which is likely to positively impact the stock price in the short term. The strong financial performance suggests robust business operations and investor confidence.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100