Premier Monetary (PFC) reported $62.76 million in income for the quarter ended September 2024, representing a year-over-year decline of seven.1%. EPS of $0.54 for a similar interval compares to $0.69 a 12 months in the past.
The reported income represents a shock of -2.78% over the Zacks Consensus Estimate of $64.55 million. With the consensus EPS estimate being $0.51, the EPS shock was +5.88%.
Whereas buyers scrutinize income and earnings adjustments year-over-year and the way they evaluate with Wall Avenue expectations to find out their subsequent transfer, some key metrics at all times provide a extra correct image of an organization’s monetary well being.
As these metrics affect top- and bottom-line efficiency, evaluating them to the year-ago numbers and what analysts estimated helps buyers challenge a inventory’s worth efficiency extra precisely.
Right here is how Premier Monetary carried out within the simply reported quarter when it comes to the metrics most generally monitored and projected by Wall Avenue analysts:
- Tax-equivalent web curiosity margin: 2.5% in comparison with the two.5% common estimate primarily based on two analysts.
- Effectivity Ratio: 67.2% versus the two-analyst common estimate of 60%.
- Whole Non Curiosity Revenue: $12.57 million in comparison with the $12.55 million common estimate primarily based on two analysts.
- Tax-equivalent Internet Curiosity Revenue: $50.26 million versus the two-analyst common estimate of $51.50 million.
View all Key Company Metrics for Premier Financial here>>>
Shares of Premier Monetary have returned +0.7% over the previous month versus the Zacks S&P 500 composite’s +2.8% change. The inventory presently has a Zacks Rank #2 (Purchase), indicating that it may outperform the broader market within the close to time period.
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