Peoples Financial Services Corp reports results for the quarter ended in September 30 - Earnings Summary

Peoples Financial Services

06/11/2024 03:39

* Peoples Financial Services Corp  PFIS.OQ  reported
quarterly
adjusted earnings of $1.64​​ per share for the quarter ended
September 30, higher than the same quarter last year, when the
company reported EPS of $1.05.  The mean expectation of
two analysts for the quarter was for earnings of $1.08 per
share. Wall Street expected results to range from $1.03 
to $1.12 per share.
    * Revenue rose 22.2% to $30.51 million from a year ago;
analysts
expected $39.80 million. 
    * Peoples Financial Services Corp's reported EPS for the
quarter
was a loss of 43 cents​.
    * The company reported a quarterly loss of $4.34 million.
    * Peoples Financial Services Corp shares had fallen by 0.1%
this
quarter and lost 3.8% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 0.9%
in the last three months.​ 
    * In the last 30 days, there have been no negative revisions
of
earnings estimates

RECOMMENDATIONS
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the banks peer
group is
also "hold"

Wall Street's median 12-month price target for Peoples Financial
Services Corp is 48.00 
This summary was machine generated from LSEG data November 6 at
03:39 a.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2024      1.08           1.64           Beat
 Jun. 30 2024      0.52           0.59           Beat
 Mar. 31 2024      0.65           0.55           Missed
 Dec. 31 2023      0.91           0.61           Missed