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First Business Financial Services (FBIZ) Beats Q1 Earnings and Revenue Estimates
First BusinessFirst Business(US:FBIZ) ZACKS·2025-04-24 22:10

Company Performance - First Business Financial Services (FBIZ) reported quarterly earnings of $1.32 per share, exceeding the Zacks Consensus Estimate of $1.29 per share, and up from $1.04 per share a year ago [1] - The company achieved an earnings surprise of 2.33% for the quarter, and has surpassed consensus EPS estimates in all four of the last quarters [2] - Revenues for the quarter were $40.84 million, surpassing the Zacks Consensus Estimate by 1.92%, and up from $36.27 million year-over-year [3] Stock Movement and Outlook - The stock has increased approximately 5.1% since the beginning of the year, contrasting with the S&P 500's decline of -8.6% [4] - The current consensus EPS estimate for the upcoming quarter is $1.34 on revenues of $41 million, and for the current fiscal year, it is $5.46 on revenues of $166.73 million [8] Industry Context - The Banks - Midwest industry, to which First Business Financial Services belongs, is currently ranked in the top 10% of over 250 Zacks industries, indicating a favorable outlook [9] - Empirical research suggests a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can impact stock performance [6]