Alerus Finl (NASDAQ:ALRS) reported its Q4 earnings results on Wednesday, January 24, 2024 at 04:15 PM.
Here's what investors need to know about the announcement.
Earnings
Alerus Finl beat estimated earnings by 72.41%, reporting an EPS of $0.5 versus an estimate of $0.29.
Revenue was down $31.64 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.09 which was followed by a 1.66% increase in the share price the next day.
Here's a look at Alerus Finl's past performance:
| Quarter | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 |
|---|---|---|---|---|
| EPS Estimate | 0.36 | 0.35 | 0.37 | 0.57 |
| EPS Actual | 0.45 | 0.45 | 0.40 | 0.53 |
| Revenue Estimate | 47.73M | 48.38M | 49.00M | 55.71M |
| Revenue Actual | 48.80M | 48.01M | 48.91M | 52.48M |
To track all earnings releases for Alerus Finl visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.