Peoples Financial Servs Q1 EPS $0.55 Misses $0.65 Estimate
Portfolio Pulse from Benzinga Newsdesk
Peoples Financial Services (PFIS) reported Q1 earnings of $0.55 per share, missing the consensus estimate of $0.65 by 15.38%. This represents a 47.12% decrease from the $1.04 per share earned in the same period last year.
April 25, 2024 | 8:37 pm
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NEGATIVE IMPACT
Peoples Financial Services reported a significant miss in Q1 earnings and a sharp decline from last year's performance.
Missing earnings estimates by a significant margin and reporting a substantial year-over-year decline in earnings per share are both indicators of potential challenges within the company. This could lead to negative investor sentiment and a decrease in stock price in the short term.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100