Premier Financial Q4 EPS $0.56 Misses $0.58 Estimate, Sales $52.55M Miss $53.87M Estimate
Portfolio Pulse from Benzinga Newsdesk
Premier Financial (NASDAQ:PFC) reported Q4 earnings of $0.56 per share, missing the consensus estimate of $0.58, and sales of $52.55M, also below the estimate of $53.87M. This reflects a decrease from the previous year's earnings and sales.
January 23, 2024 | 9:17 pm
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NEGATIVE IMPACT
Premier Financial reported lower-than-expected Q4 earnings and sales, with a significant decrease compared to last year's figures.
Missing both earnings per share and sales estimates can negatively impact investor sentiment and stock price in the short term. The reported year-over-year decline in earnings and sales further reinforces the potential for a negative market reaction.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100