In This Article:
Esquire Financial Holdings (NASDAQ:ESQ) Third Quarter 2024 Results
Key Financial Results
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Revenue: US$30.9m (up 14% from 3Q 2023).
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Net income: US$11.4m (up 16% from 3Q 2023).
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Profit margin: 37% (in line with 3Q 2023).
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EPS: US$1.45 (up from US$1.28 in 3Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Esquire Financial Holdings EPS Beats Expectations, Revenues Fall Short
Revenue missed analyst estimates by 5.1%. Earnings per share (EPS) exceeded analyst estimates by 2.3%.
Looking ahead, revenue is forecast to grow 8.5% p.a. on average during the next 3 years, compared to a 6.6% growth forecast for the Banks industry in the US.
Performance of the American Banks industry.
The company's shares are down 2.7% from a week ago.
Balance Sheet Analysis
While earnings are important, another area to consider is the balance sheet. We have a graphic representation of Esquire Financial Holdings' balance sheet and an in-depth analysis of the company's financial position.
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