Alerus (ALRS) Misses Q4 Earnings Estimates

Alerus (ALRS) came out with quarterly earnings of $0.24 per share, missing the Zacks Consensus Estimate of $0.29 per share. This compares to earnings of $0.53 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -17.24%. A quarter ago, it was expected that this company would post earnings of $0.34 per share when it actually produced earnings of $0.45, delivering a surprise of 32.35%.Over the last four quarters, the company has surp ...