Preferred Bank (PFBC) Q3 Earnings: How Key Metrics Compare to Wall Street Estimates

For the quarter ended September 2024, Preferred Bank (PFBC) reported revenue of $72.31 million, down 4.8% over the same period last year. EPS came in at $2.46, compared to $2.71 in the year-ago quarter. The reported revenue represents a surprise of +5.10% over the Zacks Consensus Estimate of $68.8 million. With the consensus EPS estimate being $2.39, the EPS surprise was +2.93%. While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to deter ...