Premier Financial Q2 EPS $0.45 Misses $0.51 Estimate, Sales $49.23M Miss $56.63M Estimate
Portfolio Pulse from Benzinga Newsdesk
Premier Financial (NASDAQ:PFC) reported Q2 earnings of $0.45 per share, missing the analyst estimate of $0.51. Sales were $49.23 million, also below the $56.63 million estimate. Both earnings and sales showed a decline compared to the same period last year.
July 26, 2024 | 12:22 pm
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Premier Financial reported Q2 earnings and sales that missed analyst estimates. EPS was $0.45, below the $0.51 estimate, and sales were $49.23 million, below the $56.63 million estimate. Both metrics also showed a year-over-year decline.
The significant miss on both earnings and sales estimates, along with the year-over-year decline, is likely to negatively impact Premier Financial's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100