Headlines about Atlantic Coast Financial Corp (NASDAQ:ACFC) have been trending somewhat negative on Saturday, according to AlphaOne Sentiment Analysis. The research firm, a service of Accern, identifies positive and negative news coverage by reviewing more than 20 million blog and news sources. AlphaOne ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Atlantic Coast Financial Corp earned a media sentiment score of -0.04 on AlphaOne’s scale. AlphaOne also assigned news headlines about the bank an impact score of 0 out of 100, meaning that recent news coverage is extremely unlikely to have an impact on the stock’s share price in the next few days.
Atlantic Coast Financial Corp (NASDAQ:ACFC) last posted its quarterly earnings results on Tuesday, April 25th. The bank reported $0.10 EPS for the quarter, beating the consensus estimate of $0.09 by $0.01. The business had revenue of $8.93 million during the quarter, compared to analysts’ expectations of $8.79 million. Atlantic Coast Financial Corp had a return on equity of 6.31% and a net margin of 14.88%.
Separately, Zacks Investment Research lowered shares of Atlantic Coast Financial Corp from a “hold” rating to a “sell” rating in a research report on Wednesday, May 3rd.
COPYRIGHT VIOLATION NOTICE: This story was first posted by Chaffey Breeze and is the property of of Chaffey Breeze. If you are accessing this story on another site, it was illegally stolen and reposted in violation of U.S. & international copyright & trademark law. The legal version of this story can be viewed at https://www.chaffeybreeze.com/2017/05/20/atlantic-coast-financial-corp-acfc-earning-somewhat-negative-news-coverage-report-finds-updated.html.
About Atlantic Coast Financial Corp
Atlantic Coast Financial Corporation is a thrift holding company. The Company, through its subsidiary, Atlantic Coast Bank (the Bank), a federally chartered and insured stock savings bank supervised by the Office of the Comptroller of the Currency (the OCC), serves the Northeast Florida, Central Florida and Southeast Georgia markets.
Receive News & Ratings for Atlantic Coast Financial Corp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Atlantic Coast Financial Corp and related companies with MarketBeat.com's FREE daily email newsletter.