Orange County Bancorp: Insights into Q2 Earnings

Orange County Bancorp: Insights into Q2 Earnings

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Orange County Bancorp OBT reported its second quarter results on Monday, August 1, 2022.

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

merits

Orange County Bancorp missed estimated earnings by 60.42% and reported earnings per share of $0.38 versus an estimate of $0.96.

Revenue increased by $2.83 million over the same period last year.

Past Earnings Development

In its most recent quarter, the company missed earnings per share by $0.02, followed by a 4.31% drop in its share price the next day.

Listen to the winning announcement for yourself click here.

To track all earnings releases for Orange County Bancorp Visit their earnings calendar here.

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



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