USCB - USCB Financial Holdings Inc. Q1 Earnings and Revenues Top Estimates | Benzinga
USCB Financial Holdings, Inc. (NASDAQ: USCB) came out with quarterly earnings of $0.23 per share, beating the Zacks Consensus Estimate of $0.21 per share. This compares to earnings of $0.29 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of 9.52%. A quarter ago, it was expected that this company would post earnings of $0.22 per share when it actually produced earnings of $0.17, delivering a surprise of -22.73%.
Over the last four quarters, the company has surpassed consensus EPS estimates just once.
USCB Financial, which belongs to the Zacks Banks - Southeast industry, posted revenues of $17.62 million for the quarter ended March 2024, surpassing the Zacks Consensus Estimate by 2.30%. This compares to year-ago revenues of $18.07 million. The company has topped consensus revenue estimates just once over the last four quarters.
The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.
USCB Financial ...