Preferred Bank (NASDAQ: PFBC) has set the date for the release of its third quarter financial results on Monday 21st October 2024, before market open. Investors and analysts will have a chance to analyze the company's performance during the quarter.
According to financial analysts on Wall Street, the company is likely to announce an estimated per share $2.37 profit for the quarter. Additionally, the company is anticipated to reveal a total revenue of $65.88 million during this period.
Wall Street analysts have offered their forecasts for the company's yearly performance, predicting a total revenue of $264.29 million. At the same time, they are expecting the company to achieve per share profit of $9.52 for the fiscal year ahead.
In the corresponding quarter of the previous year, the company's earnings report revealed a per-share income of $2.71. This significant amount was attributed to the company's remarkable total revenue of $72.95 million generated during that specific period.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Historical Earnings Insight | ||||
| Q2 2024 | $2.48 | -5.0% | 66.11 M | -9.8% |
| Q1 2024 | $2.44 | -6.5% | 68.50 M | -7.1% |
| Q4 2023 | $2.60 | -4.1% | 69.40 M | -6.4% |
| Q3 2023 | $2.71 | +12.9% | 72.95 M | +9.2% |
| Q2 2023 | $2.61 | +39.6% | 73.31 M | +29.9% |
| *Growth on year-over-year basis | ||||
PFBC has scheduled a conference call on 21st October 2024 at 02:00 PM eastern time to discuss the third quarter financial results and other related information.
Thursday's trading saw Preferred Bank (PFBC) shares hit a low of $83.67 and a high of $85.16, with a day volume of 51.30 thousand shares. The stock closed the regular trading session at $85.08, showing 0.72 percent rise.
