Capitol Federal Financial(US:CFFN) ZACKSยท2024-07-24 15:15Company Overview - Capitol Federal Financial (CFFN) reported quarterly earnings of $0.07 per share, missing the Zacks Consensus Estimate of $0.11 per share, which represents a year-over-year increase from $0.06 per share [8] - The company posted revenues of $45.03 million for the quarter ended June 2024, missing the Zacks Consensus Estimate by 4.65%, and showing an increase from year-ago revenues of $40.56 million [9] - The company has not been able to beat consensus revenue estimates over the last four quarters [9] Earnings Performance - The recent quarterly report represents an earnings surprise of -36.36% [1] - Over the last four quarters, the company has surpassed consensus EPS estimates two times [2] - The current consensus EPS estimate for the upcoming quarter is $0.11 on revenues of $47.25 million, and for the current fiscal year, it is $0.42 on revenues of $171.14 million [12] Market Position - Capitol Federal shares have added about 4.7% since the beginning of the year, compared to the S&P 500's gain of 16.5% [10] - The company currently holds a Zacks Rank 3 (Hold), indicating that shares are expected to perform in line with the market in the near future [5] - The outlook for the Financial - Savings and Loan industry, to which Capitol Federal belongs, is currently in the bottom 27% of over 250 Zacks industries [6] Future Outlook - The sustainability of the stock's immediate price movement will depend on management's commentary during the earnings call [3] - The estimate revisions trend for Capitol Federal is mixed, and changes in these estimates could impact the stock's performance [5][11] - Investors are encouraged to monitor how estimates for the coming quarters and the current fiscal year change in the days ahead [12]