Provident Financial Services Inc reports results for the quarter ended in June - Earnings Summary

Provident Financial Services

29/07/2022 14:32

* Provident Financial Services Inc  PFS.N  reported
quarterly
adjusted earnings of 53 cents​​ per share for the quarter ended
in June. The mean expectation of six analysts for the quarter
was for earnings of 52 cents per share.
    * Revenue rose 9.4% to $99.48 million from a year ago;
analysts
expected $98.64 million. 
    * Provident Financial Services Inc's reported EPS for the
quarter
was 53 cents​.
    * The mean earnings estimate of analysts had risen by
about 0.3%
in the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * Provident Financial Services Inc shares had risen by 7.7%
this
quarter and lost 1.0% so far this year.
    * The company reported quarterly net income of $39.23
million.
    * Wall Street's median 12-month price target for Provident
Financial Services Inc is $26.00 
    * 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." 

This summary was machine generated from Refinitiv data July 29
at 01:32 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2022      0.52           0.53           Beat
 Mar. 31 2022      0.46           0.58           Beat
 Dec. 31 2021      0.47           0.49           Beat
 Sep. 30 2021      0.47           0.49           Beat