Flushing Financial (FFIC) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

Core Viewpoint - Flushing Financial is expected to report a year-over-year increase in earnings and revenues, but actual results compared to estimates will significantly impact its stock price [1][2]. Earnings Expectations - The consensus estimate for Flushing Financial's quarterly earnings is $0.29 per share, reflecting a year-over-year increase of +61.1% [3]. - Revenues are anticipated to reach $58.7 million, which is a 24.9% increase from the same quarter last year [3]. Estimate Revisions - The consensus EPS estimate has been revised down by 3.23% over the last 30 days, indicating a reassessment by analysts [4]. - The Most Accurate Estimate for Flushing Financial is lower than the Zacks Consensus Estimate, resulting in an Earnings ESP of -6.90% [12]. Earnings Surprise Prediction - A positive Earnings ESP is a strong predictor of an earnings beat, especially when combined with a Zacks Rank of 1, 2, or 3 [10]. - Stocks with a positive Earnings ESP and a solid Zacks Rank have historically produced a positive surprise nearly 70% of the time [10]. Historical Performance - In the last reported quarter, Flushing Financial had an earnings surprise of +4.55%, reporting $0.23 per share against an expectation of $0.22 [13]. - Over the past four quarters, the company has beaten consensus EPS estimates two times [14]. Conclusion - Flushing Financial does not appear to be a compelling candidate for an earnings beat based on current estimates and rankings, suggesting investors should consider other factors before making decisions [17].