Analysts Estimate Preferred Bank (PFBC) to Report a Decline in Earnings: What to Look Out for

Wall Street expects a year-over-year decline in earnings on lower revenues when Preferred Bank (PFBC) reports results for the quarter ended June 2024. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates. Zacks Consensus Estimate Revenues are expected to be $70.55 million, down 7.7% from the year-ago quarter. Estimate Revisions Trend Earnings Whisper ...