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

Provident Financial Services

26/10/2023 23:44

* Provident Financial Services Inc  PFS.N  reported
quarterly
adjusted earnings of 38 cents​​ per share for the quarter ended
in September. The mean expectation of five analysts for the
quarter was for earnings of 38 cents per share.
    * Revenue fell 2% to $107.29 million from a year ago;
analysts
expected $110.35 million. 
    * The mean earnings estimate of analysts had fallen by
about 27.9%
in the last three months.​ 
    * In the last 30 days, two analysts negatively revised
earnings
estimates 
    * Provident Financial Services Inc shares had fallen by 9.4%
this
quarter and lost 35.1% so far this year.
    * Wall Street's median 12-month price target for Provident
Financial Services Inc is $19.00 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
October 26 at 10:43 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2023      0.38           0.38           Met
 Jun. 30 2023      0.44           0.43           Missed
 Mar. 31 2023      0.58           0.54           Missed
 Dec. 31 2022      0.63           0.66           Beat