Recap: Alerus Finl Q4 Earnings - Alerus Finl (NASDAQ:ALRS)

Alerus Finl ALRS reported its Q4 earnings results on Wednesday, January 24, 2024 at 04:15 PM.

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

Alerus Finl beat estimated earnings by 72.41%, reporting an EPS of $0.5 versus an estimate of $0.29.

Revenue was down $31.64 million from the same period last year.

Last quarter the company beat on EPS by $0.09 which was followed by a 1.66% increase in the share price the next day.

Here's a look at Alerus Finl's past performance:

Quarter	Q3 2023	Q2 2023	Q1 2023	Q4 2022
EPS Estimate	0.36	0.35	0.37	0.57
EPS Actual	0.45	0.45	0.40	0.53
Revenue Estimate	47.73M	48.38M	49.00M	55.71M
Revenue Actual	48.80M	48.01M	48.91M	52.48M

To track all earnings releases for Alerus Finl visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.