Benzinga | Oct 27, 2021 04:18PM EDT

Alerus Financial Q3 EPS $0.74 Beats $0.50 Estimate, Sales $57.20M Beat $53.05M Estimate

Alerus Financial (NASDAQ:ALRS) reported quarterly earnings of $0.74 per share which beat the analyst consensus estimate of $0.50 by 48 percent. This is a 25.25 percent decrease over earnings of $0.99 per share from the same period last year. The company reported quarterly sales of $57.20 million which beat the analyst consensus estimate of $53.05 million by 7.82 percent. This is a 14.65 percent decrease over sales of $67.02 million the same period last year.