How did ISTR's Q4 2023 earnings surprise impact its stock?

Investar Holding (ISTR) reported an earnings per share (EPS) surprise of $0.11 for Q4 2023, which is a positive indicator as it exceeded market expectations. However, the stock's percentage change for the same quarter was negative, with a last price of $16.6 and a last change of -1.07%. This suggests that while the earnings surprise may have had a short-term positive effect on the stock, other factors likely contributed to the overall negative performance during the quarter. |code|Ticker|Name|Date|Percentage Change|market_code| |---|---|---|---|---|---| |ISTR|ISTR.O|Investar Holding|20231002|-2.3607|185| |ISTR|ISTR.O|Investar Holding|20231003|-5.6093|185| |ISTR|ISTR.O|Investar Holding|20231004|6.1475|185| |ISTR|ISTR.O|Investar Holding|20231005|7.4324|185| |ISTR|ISTR.O|Investar Holding|20231006|1.0782|185| |ISTR|ISTR.O|Investar Holding|20231009|-0.8889|185| |ISTR|ISTR.O|Investar Holding|20231010|0.2691|185| |ISTR|ISTR.O|Investar Holding|20231011|-1.0733|185| |ISTR|ISTR.O|Investar Holding|20231012|0.7233|185| |ISTR|ISTR.O|Investar Holding|20231013|-2.6032|185|