Towne Bank Q2 Adj. EPS $0.78 Misses $0.79 Estimate, Sales $444.266M Beat $292.624M Estimate
Towne Bank (NASDAQ:TOWN) reported quarterly earnings of $0.78 per share which missed the analyst consensus estimate of $0.79 by 1.27 percent. This is a 3.7 percent decrease over earnings of $0.81 per share from the same
Towne Bank made a tiny bit less profit per share than experts expected, but brought in much more money than they thought. When a company misses on one number but wins on another, watch to see which one matters more to the business.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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