Provident Financial Services Inc expected to post earnings of 52  cents a share - Earnings Preview

Provident Financial Services

27/07/2022 14:25

* Provident Financial Services Inc  PFS.N   PFS  is expected
to show a rise in quarterly revenue when it reports  results on
July 29. 
    * The Jersey City New Jersey-based  company is expected to
report 
a 8.5% increase in revenue to $98.639 million from $90.91
million a year ago, according to the mean estimate from 6
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Provident Financial
Services Inc is for earnings of 52 cents per share. For the same
quarter last year, the company reported earnings of 58 cents per
share.
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 4
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Provident
Financial Services Inc is $26​, above​ its last closing price
of $23.61. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2022  0.46        0.46       0.58      Beat    25.6
 Dec. 31 2022  0.47        0.47       0.49      Beat    5.4
 Sep. 30 2021  0.47        0.47       0.49      Beat    5.4​
 Jun. 30 2021  0.45        0.45       0.58      Beat    28.9
 ​​Mar.        0.43        0.44       0.63      Beat    42.4
 31 2021                                                
 Dec. 31 2020  0.43        0.40       0.53      Beat    33.2​
 Sep. 30 2020  0.25        0.18       0.39      Beat    112.7
 Jun. 30 2020  0.20        0.17       0.23      Beat    37.3
 This summary was machine generated July 27 at 13:25 GMT.  All
figures in US dollars  unless otherwise stated