Company Performance - FS Bancorp reported quarterly earnings of $1.29 per share, exceeding the Zacks Consensus Estimate of $1.15 per share, and up from $1.13 per share a year ago, representing an earnings surprise of 12.17% [1] - The company posted revenues of $37.21 million for the quarter ended September 2024, surpassing the Zacks Consensus Estimate by 0.30%, and an increase from $35.62 million year-over-year [1] - FS Bancorp has consistently surpassed consensus EPS and revenue estimates over the last four quarters [1] Stock Performance - FS Bancorp shares have increased approximately 15.6% since the beginning of the year, while the S&P 500 has gained 22.7% [2] - The stock currently holds a Zacks Rank 3 (Hold), indicating expected performance in line with the market in the near future [4] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $1.17 on revenues of $37.2 million, and for the current fiscal year, it is $4.44 on revenues of $141.7 million [4] - The estimate revisions trend for FS Bancorp is mixed, and changes in estimates for the coming quarters are anticipated following the recent earnings report [4][3] Industry Context - The Banks - West industry, to which FS Bancorp belongs, is currently ranked in the bottom 38% of over 250 Zacks industries, indicating potential challenges ahead [5] - Bank of Hawaii, another company in the same industry, is expected to report a quarterly earnings decline of 30.8% year-over-year, with a consensus EPS estimate of $0.81 [5]
FS Bancorp (FSBW) Surpasses Q3 Earnings and Revenue Estimates