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Park National (PRK) Q4 Earnings and Revenues Beat Estimates
PRKPark National (PRK) ZACKS·2025-01-27 23:35

Group 1 - Park National reported quarterly earnings of 2.36pershare,exceedingtheZacksConsensusEstimateof2.36 per share, exceeding the Zacks Consensus Estimate of 2.27 per share, and up from 2pershareayearago,representinganearningssurpriseof3.962 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 110.59million[2]ParkNationalhassurpassedconsensusEPSestimatesthreetimesoverthelastfourquartersandtoppedconsensusrevenueestimatesfourtimesinthesameperiod[2]Group2Thestockhasunderperformedthemarket,losingabout2.2110.59 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 123.33million,andforthecurrentfiscalyear,itis123.33 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]