Banner (NASDAQ: BANR) released its first quarter financial results after market close.
- Revenue surpassed earlier predictions, with earnings reflecting a similarly robust performance.
- The quarter’s financial performance demonstrated adjusted income of $1.29 per share and total revenue of $160.19 million.
- Analysts had projected revenue for the quarter to be $140.6 million, with anticipated earnings of $1.22 per share.
- The quarterly results indicated a 10.8 percent increase in revenue and a 5.7 percent improvement in earnings.
