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Towne Bank Q2 Adj EPS $0.52 Misses $0.57 Estimate, Sales $181.57M Beat $180.75M Estimate

Author: Benzinga Newsdesk | July 27, 2023 08:35am
Towne Bank (NASDAQ:TOWN) reported quarterly earnings of $0.52 per share which missed the analyst consensus estimate of $0.57 by 8.77 percent. This is a 18.75 percent decrease over earnings of $0.64 per share from the same period last year. The company reported quarterly sales of $181.57 million which beat the analyst consensus estimate of $180.75 million by 0.45 percent. This is a 8.74 percent increase over sales of $166.98 million the same period last year.

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