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CNOBBearishEarningsnews
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ConnectOne Bancorp (CNOB) Q2 Earnings and Revenues Surpass Estimates

Jul 25, 2024, 9:26 AM EDT1 sourcesAI-analyzed

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What happened, with direct paths to the underlying reporting

CNOB reported Q2 earnings of $0.46, beating estimates by 15%. Quarterly revenues were $65.84 million, slightly above expectations. CNOB's earnings outlook shows unfavorable estimate revisions, rated Zacks #5. Shares have underperformed the market, gaining 1.4% vs S&P 500's 13.8%. The industry outlook remains strong, with CNOB in the top 20%.

  • CNOB reported Q2 earnings of $0.46, beating estimates by 15%.
  • Quarterly revenues were $65.84 million, slightly above expectations.
  • CNOB's earnings outlook shows unfavorable estimate revisions, rated Zacks #5.
  • Shares have underperformed the market, gaining 1.4% vs S&P 500's 13.8%.
  • The industry outlook remains strong, with CNOB in the top 20%.

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