Peoples Financial Servs Q2 EPS $1.31 Beats $1.06 Estimate, Sales $25.65M Miss $26.40M Estimate
Portfolio Pulse from Benzinga Newsdesk
Peoples Financial Servs (NASDAQ:PFIS) reported Q2 earnings of $1.31 per share, beating the analyst consensus estimate of $1.06 by 23.58%. However, the company's quarterly sales of $25.65 million missed the analyst consensus estimate of $26.40 million by 2.85%. This represents a 7.03% decrease over sales from the same period last year.
July 26, 2023 | 6:18 am
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NEUTRAL IMPACT
Peoples Financial Servs beat Q2 EPS estimates but missed on sales. This mixed result could lead to uncertain market reactions.
Peoples Financial Servs reported better than expected earnings per share but lower than expected sales. This mixed result could lead to a neutral or uncertain market reaction in the short term as investors weigh the positive earnings result against the negative sales result.
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