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via seekingalpha.comMarkets

Flagstar Bank Q3 non-GAAP EPS misses estimates and revenue falls short of forecasts

FROM THE WIRE · SEEKINGALPHA.COM

Flagstar Bank, National Association press release (FLG): Q3 Non-GAAP EPS of $0.01 misses by $0.06. Revenue of $530M (+2.1% Y/Y) misses by $14.55M.

Read at the source ↗
MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bearishA miss on earnings and revenue at a US regional bank can weigh on the stock.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Flagstar Bank reported Q3 non-GAAP EPS of $0.01, missing by $0.06.
  2. 02Revenue came in at $530M, up 2.1% year over year.
  3. 03Revenue missed expectations by $14.55M.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
Flagstar Financial, Inc.FLGStock11.46 USDMarket closedtoday +3.52%Negative
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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