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Recap: Summit Finl Gr Q4 Earnings

Summit Finl Gr (NASDAQ:SMMF) reported its Q4 earnings results on Thursday, January 25, 2024 at 06:00 AM. Here’s…
byBenzinga Insights
January 25, 2024
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Summit Finl Gr (NASDAQ:SMMF) reported its Q4 earnings results on Thursday, January 25, 2024 at 06:00 AM.

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

Earnings

Summit Finl Gr beat estimated earnings by 0.91%, reporting an EPS of $1.11 versus an estimate of $1.1.

Revenue was up $7.38 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.06 which was followed by a 4.98% drop in the share price the next day.

Here’s a look at Summit Finl Gr’s past performance:

Quarter Q3 2023 Q2 2023 Q1 2023 Q4 2022
EPS Estimate 1.03 0.74 1.06 1.19
EPS Actual 1.09 0.54 1.08 1.16
Revenue Estimate 41.93M 38.10M 34.07M 37.58M
Revenue Actual 46.54M 45.74M 38.58M 39.22M

To track all earnings releases for Summit Finl Gr visit their earnings calendar here.

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

 
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