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

Provident Financial Services

28/10/2022 14:32

* Provident Financial Services Inc  PFS.N  reported
quarterly
adjusted earnings of 58 cents​​ per share for the quarter ended
in September. The mean expectation of six analysts for the
quarter was for earnings of 58 cents per share.
    * Revenue rose 20% to $109.49 million from a year ago;
analysts
expected $105.55 million. 
    * Provident Financial Services Inc's reported EPS for the
quarter
was 58 cents​.
    * The mean earnings estimate of analysts had risen by
about 2.6%
in the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Provident Financial Services Inc shares had risen by 7.4%
this
quarter and lost 13.5% so far this year.
    * The company reported quarterly net income of $43.42
million.
    * Wall Street's median 12-month price target for Provident
Financial Services Inc is $24.00 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 5
"hold" and no "sell" or "strong sell." 

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