Alerus (ALRS) Misses Q3 Earnings and Revenue Estimates

Alerus (ALRS) came out with quarterly earnings of $0.26 per share, missing the Zacks Consensus Estimate of $0.44 per share. This compares to earnings of $0.45 per share a year ago. These figures are adjusted for nonrecurring items. This quarterly report represents an earnings surprise of -40.91%. A quarter ago, it was expected that this company would post earnings of $0.37 per share when it actually produced earnings of $0.31, delivering a surprise of -16.22%. Over the last four quarters, the company has su ...