Alerus Finl: Q2 Earnings Insights

Alerus Finl ALRS reported its Q2 earnings results on Wednesday, July 27, 2022 at 05:30 PM.

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

Alerus Finl missed estimated earnings by 8.77%, reporting an EPS of $0.52 versus an estimate of $0.57.

Revenue was down $5.89 million from the same period last year.

Last quarter the company beat on EPS by $0.03 which was followed by a 5.19% increase in the share price the next day.

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

Quarter	Q1 2022	Q4 2021	Q3 2021	Q2 2021
EPS Estimate	0.54	0.53	0.50	0.56
EPS Actual	0.57	0.72	0.74	0.66
Revenue Estimate	54.44M	53.94M	53.05M	55.40M
Revenue Actual	51.14M	56.51M	57.17M	57.89M

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.