Princeton Bancorp (BPRN) Misses Q4 Earnings and Revenue Estimates

Group 1: Earnings Performance - Princeton Bancorp reported quarterly earnings of $0.75 per share, missing the Zacks Consensus Estimate of $0.86 per share, and down from $0.82 per share a year ago, representing an earnings surprise of -12.79% [1] - The company posted revenues of $20.03 million for the quarter ended December 2024, missing the Zacks Consensus Estimate by 5.59%, compared to year-ago revenues of $17.79 million [2] Group 2: Stock Performance and Outlook - Princeton Bancorp shares have lost about 3.5% since the beginning of the year, while the S&P 500 has gained 2.2% [3] - The current consensus EPS estimate for the coming quarter is $0.81 on revenues of $21.11 million, and for the current fiscal year, it is $3.55 on revenues of $87.58 million [7] Group 3: Industry Context - The Zacks Industry Rank for Banks - Northeast is currently in the top 9% of over 250 Zacks industries, indicating strong performance potential [8] - Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions, suggesting that investors can track these revisions for insights [5]