Why Flushing Financial (FFIC) Might be Well Poised for a Surge

Core Insights - Flushing Financial (FFIC) is experiencing solid improvement in earnings estimates, indicating a positive outlook for the company's stock price [1][2] - The upward trend in estimate revisions reflects growing analyst optimism regarding Flushing Financial's earnings prospects, which is expected to influence its stock price positively [2][3] Current-Quarter Estimate Revisions - For the current quarter, Flushing Financial is expected to earn $0.35 per share, representing a significant increase of +150.0% compared to the same period last year [6] - Over the past 30 days, two estimates have been revised upward, with no negative revisions, leading to a 15% increase in the Zacks Consensus Estimate [6] Current-Year Estimate Revisions - For the full year, the expected earnings per share for Flushing Financial is $1.24, reflecting a year-over-year increase of +69.9% [7] - The consensus estimate has increased by 5.68% over the past month, with two estimates moving higher and no negative revisions [7][8] Zacks Rank and Performance - Flushing Financial has achieved a Zacks Rank 1 (Strong Buy) due to favorable estimate revisions, which historically correlate with strong stock performance [9] - Stocks with a Zacks Rank 1 and 2 have shown significant outperformance compared to the S&P 500 [9] Bottom Line - The strong estimate revisions have led to a 5.8% increase in Flushing Financial's stock over the past four weeks, suggesting potential for further upside [10]