Provident Financial (PFS) Surpasses Q1 Earnings Estimates

Core Viewpoint - Provident Financial reported quarterly earnings of $0.50 per share, exceeding the Zacks Consensus Estimate of $0.47 per share, and showing an increase from $0.43 per share a year ago, indicating a 6.38% earnings surprise [1] Group 1: Earnings Performance - The company posted revenues of $208.76 million for the quarter ended March 2025, which missed the Zacks Consensus Estimate by 0.33%, but showed significant growth from $114.48 million year-over-year [2] - Over the last four quarters, Provident Financial has surpassed consensus EPS estimates only once [2] Group 2: Stock Performance - Provident Financial shares have declined approximately 13.3% since the beginning of the year, compared to a decline of 8.6% for the S&P 500 [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating expected performance in line with the market in the near future [6] Group 3: Future Outlook - The current consensus EPS estimate for the upcoming quarter is $0.51 on revenues of $214.3 million, and for the current fiscal year, it is $2.05 on revenues of $863.65 million [7] - The outlook for the Financial - Savings and Loan industry is positive, ranking in the top 28% of over 250 Zacks industries, suggesting potential for outperformance [8]