Enterprise Financial Services Corp (EFSC)

Enterprise Financial Services C (EFSC) dropped by 5.88% from $35.69 to $33.59 in the trading on Tuesday October 24, 2023. The reason why EFSC stock down today is due to its Q3 2023 earnings. EFSC delivered results in Q3 2023 today, but the company missed the consensus for its revenue and earnings, seemed to weigh on the stock as did the broader market sell-off, causing EFSC stock down today.

• Quarterly earnings of $1.17 per share, misses the consensus by $0.07, representing an earnings surprise of -5.65%. This compares to earnings of $1.31 per share a year ago.
• Revenue of $153.7M, misses the consensus by $1.39M. The revenue was up +14.9% Y/Y.