Alerus (ALRS) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates

Alerus (ALRS) reported $47.54 million in revenue for the quarter ended March 2024, representing a year-over-year decline of 2.8%. EPS of $0.32 for the same period compares to $0.40 a year ago.The reported revenue represents a surprise of +0.30% over the Zacks Consensus Estimate of $47.4 million. With the consensus EPS estimate being $0.31, the EPS surprise was +3.23%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expect ...