Provident Financial Holdings Inc reports results for the quarter ended in September 30 - Earnings Summary

Provident Financial Holdings

28/10/2024 19:52

* Provident Financial Holdings Inc  PROV.OQ  reported
quarterly
adjusted earnings of 28 cents​​ per share for the quarter ended
September 30, higher than the same quarter last year, when the
company reported EPS of 25 cents.  The mean expectation of
two analysts for the quarter was for earnings of 25 cents per
share. Wall Street expected results to range from 22 cents to 27
cents per share.
    * Revenue fell 3.8% to $9.52 million from a year ago;
analysts
expected $9.47 million. 
    * Provident Financial Holdings Inc's reported EPS for the
quarter
was 28 cents​.
    * The company reported quarterly net income of $1.9 million.
    * Provident Financial Holdings Inc shares had risen by 8.0%
this
quarter and gained 22.9% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts was unchanged 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 Provident
Financial Holdings Inc is 15.50 
This summary was machine generated from LSEG data October 28 at
07:52 p.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      0.25           0.28           Beat
 Jun. 30 2024      0.23           0.28           Beat
 Mar. 31 2024      0.24           0.22           Missed
 Dec. 31 2023      0.26           0.31           Beat