Recap: ESSA Bancorp Q1 Earnings

ESSA Bancorp (NASDAQ:ESSA) reported its Q1 earnings results on Wednesday, January 24, 2024 at 12:00 AM. Here’s what…

ESSA Bancorp (NASDAQ:ESSA) reported its Q1 earnings results on Wednesday, January 24, 2024 at 12:00 AM.

Here’s what investors need to know about the announcement.

Earnings

ESSA Bancorp missed estimated earnings by 2.17%, reporting an EPS of $0.45 versus an estimate of $0.46.

Revenue was down $750 thousand from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.05 which was followed by a 8.65% increase in the share price the next day.

Here’s a look at ESSA Bancorp’s past performance:

Quarter Q4 2023 Q3 2023 Q2 2023 Q1 2023
EPS Estimate 0.42 0.39 0.46 0.58
EPS Actual 0.47 0.45 0.48 0.50
Revenue Estimate 16.66M 16.52M 17.19M 18.84M
Revenue Actual 17.52M 17.18M 17.18M 17.57M

** Listen to the earnings announcement yourself by clicking here. **

To track all earnings releases for ESSA Bancorp visit their earnings calendar here.

This article was generated by Benzinga’s automated content engine and reviewed by an editor.

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