Here's What Key Metrics Tell Us About Premier Financial (PFC) Q4 Earnings
Premier Financial (PFC) reported $64.34 million in revenue for the quarter ended December 2023, representing a year-over-year decline of 16.3%. EPS of $0.56 for the same period compares to $0.71 a year ago.
The reported revenue compares to the Zacks Consensus Estimate of $66.15 million, representing a surprise of -2.74%. The company delivered an EPS surprise of -3.45%, with the consensus EPS estimate being $0.58.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Premier Financial performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Tax-equivalent net interest margin: 2.7% compared to the 2.7% average estimate based on two analysts.
Efficiency Ratio: 59.5% compared to the 56.8% average estimate based on two analysts.
Total Non Interest Income: $11.79 million versus the two-analyst average estimate of $11.95 million.
Tax-equivalent Net Interest Income: $52.59 million compared to the $53.70 million average estimate based on two analysts.
View all Key Company Metrics for Premier Financial here>>>
Shares of Premier Financial have returned -1.8% over the past month versus the Zacks S&P 500 composite's +2.1% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
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Premier Financial Corp. (PFC) : Free Stock Analysis Report
