Premier Financial (US:PFC) ZACKSยท2025-01-21 23:25Core Viewpoint - Premier Financial (PFC) reported quarterly earnings of $0.63 per share, exceeding the Zacks Consensus Estimate of $0.51 per share, and showing an increase from $0.56 per share a year ago [1][2] Financial Performance - The earnings surprise for the quarter was 23.53%, with the company previously expected to post earnings of $0.51 per share but actually producing $0.54, resulting in a surprise of 5.88% [2] - Premier Financial's revenues for the quarter ended December 2024 were $65.35 million, surpassing the Zacks Consensus Estimate by 2.11%, compared to $64.34 million in the same quarter last year [3] Market Performance - Since the beginning of the year, Premier Financial shares have decreased by approximately 1.7%, while the S&P 500 has gained 2% [4] - The current Zacks Rank for Premier Financial is 3 (Hold), indicating that the shares are expected to perform in line with the market in the near future [7] Future Outlook - The consensus EPS estimate for the upcoming quarter is $0.50 on revenues of $64 million, and for the current fiscal year, it is $2.15 on revenues of $263 million [8] - The outlook for the industry, specifically the Banks - Northeast sector, is currently in the top 25% of over 250 Zacks industries, suggesting a favorable environment for performance [9]