Earnings Outlook For Flushing Financial
Portfolio Pulse from Benzinga Insights
Flushing Financial (NASDAQ:FFIC) is expected to release its quarterly earnings report on January 25, 2024, with an estimated EPS of $0.23. Investors are looking for an earnings beat and positive guidance for future growth. Historically, FFIC's stock price has been sensitive to earnings performance and guidance. Last quarter, FFIC beat the EPS estimate by $0.07, leading to a 1.22% stock price increase. Over the past year, FFIC shares have declined by 15.11%, indicating a bearish sentiment among long-term shareholders.
January 24, 2024 | 7:01 pm
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Flushing Financial is anticipated to report quarterly earnings with an EPS estimate of $0.23. A positive earnings surprise and guidance could influence the stock price, as seen in the past. Long-term trends show a 15.11% decline in share price over the last year.
Given FFIC's history of stock price movement post-earnings, a beat on the EPS estimate and positive guidance could lead to a short-term increase in stock price. However, the long-term bearish trend may temper the magnitude of any positive reaction.
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