Peoples Financial Servs Q4 Core EPS $0.61 Misses $0.91 Estimate
Portfolio Pulse from Benzinga Newsdesk
Peoples Financial Services (PFIS) reported Q4 core earnings of $0.61 per share, missing the consensus estimate of $0.91 by 32.97%. This represents a significant decrease of 59.06% from the $1.49 per share earned in the same quarter of the previous year.
January 25, 2024 | 9:30 pm
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Peoples Financial Services reported a substantial earnings miss for Q4, with EPS at $0.61 compared to the $0.91 estimate, a decrease of 59.06% from the previous year.
The significant miss in earnings per share (EPS) compared to analyst estimates and the substantial year-over-year decline is likely to be viewed negatively by investors, potentially leading to a short-term decrease in PFIS's stock price. Earnings reports are critical moments for assessing a company's financial health and can greatly influence investor sentiment and stock performance.
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