Customers Bancorp Q3 2024 Adj EPS $1.34 Misses $1.43 Estimate
Portfolio Pulse from Benzinga Newsdesk
Customers Bancorp reported Q3 2024 adjusted earnings per share of $1.34, missing the analyst consensus estimate of $1.43 by 6.29%.
October 31, 2024 | 8:36 pm
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NEGATIVE IMPACT
Customers Bancorp's Q3 2024 earnings per share of $1.34 fell short of the expected $1.43, missing estimates by 6.29%.
The reported EPS of $1.34 is below the analyst consensus of $1.43, indicating a weaker than expected financial performance for the quarter. This is likely to negatively impact the stock price in the short term as investors react to the earnings miss.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100