Northeast Bank (NASDAQ:NBN) reported its Q2 earnings results on Tuesday, January 30, 2024 at 04:16 PM.
Here's what investors need to know about the announcement.
Earnings
Northeast Bank beat estimated earnings by 7.56%, reporting an EPS of $1.85 versus an estimate of $1.72.
Revenue was up $8.41 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.45 which was followed by a 7.1% increase in the share price the next day.
Here's a look at Northeast Bank's past performance:
| Quarter | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 |
|---|---|---|---|---|
| EPS Estimate | 1.56 | 1.55 | 1.66 | 1.27 |
| EPS Actual | 2.01 | 1.61 | 1.69 | 1.54 |
| Revenue Estimate | 34.01M | 34.38M | 33.93M | 27.25M |
| Revenue Actual | 37.90M | 35.27M | 33.43M | 30.05M |
To track all earnings releases for Northeast Bank visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.