ACNB: Q2 Earnings Snapshot
GETTYSBURG, Pa. (AP) — GETTYSBURG, Pa. (AP) — ACNB Corp. (ACNB) on Thursday reported second-quarter net income of $11.6 million.
The bank, based in Gettysburg, Pennsylvania, said it had earnings of $1.11 per share.
The results did not meet Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $1.14 per share.
The bank posted revenue of $50.3 million in the period. Its revenue net of interest expense was $39.7 million, which beat Street forecasts. Three analysts surveyed by Zacks expected $38.2 million.
ACNB shares have risen 7% since the beginning of the year. The stock has risen slightly in the last 12 months.
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ACNB at https://www.zacks.com/ap/ACNB
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