Park National (PRK) Q4 Earnings and Revenues Beat Estimates

Group 1 - Park National reported quarterly earnings of $2.36 per share, exceeding the Zacks Consensus Estimate of $2.27 per share, and up from $2 per share a year ago, representing an earnings surprise of 3.96% [1] - The company posted revenues of $134.51 million for the quarter ended December 2024, surpassing the Zacks Consensus Estimate by 8.05%, compared to year-ago revenues of $110.59 million [2] - Park National has surpassed consensus EPS estimates three times over the last four quarters and topped consensus revenue estimates four times in the same period [2] Group 2 - The stock has underperformed the market, losing about 2.2% since the beginning of the year, while the S&P 500 gained 3.7% [3] - The current consensus EPS estimate for the coming quarter is $2.20 on revenues of $123.33 million, and for the current fiscal year, it is $8.82 on revenues of $498.82 million [7] - The Zacks Industry Rank for Banks - Midwest is currently in the top 16% of over 250 Zacks industries, indicating a favorable outlook for the industry [8]