Provident Financial (PFS) Lags Q3 Earnings and Revenue Estimates
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Oct 30 2024
0mins
Source: NASDAQ.COM
Earnings Performance: Provident Financial (PFS) reported quarterly earnings of $0.36 per share, falling short of the Zacks Consensus Estimate of $0.46, and revenues of $210.56 million, also missing expectations. The company has only surpassed EPS estimates once in the last four quarters.
Market Outlook: Despite underperforming compared to the S&P 500 this year, Provident Financial holds a Zacks Rank #3 (Hold), indicating expected performance in line with the market. Future stock movements will depend on management's commentary and changes in earnings estimate revisions.
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Analyst Views on ICE
Wall Street analysts forecast ICE stock price to rise
10 Analyst Rating
9 Buy
1 Hold
0 Sell
Strong Buy
Current: 154.100
Low
174.00
Averages
191.60
High
223.00
Current: 154.100
Low
174.00
Averages
191.60
High
223.00
About ICE
Intercontinental Exchange, Inc. provides financial technology and data services across major asset classes, helping its customers access workflow tools that increase transparency and efficiency. Its Exchanges segment operates regulated marketplace technology for the listing, trading and clearing of an array of derivatives contracts and financial securities as well as data and connectivity services related to its exchanges and clearing houses. Its Fixed Income and Data Services segment provides fixed income pricing, reference data, indices, analytics and execution services as well as global credit default swaps (CDS), clearing and multi-asset class data delivery technology. Its Mortgage Technology segment provides a technology platform that offers customers comprehensive, digital workflow tools that aim to address inefficiencies and mitigate risks that exist in the United States residential mortgage market life cycle, from application through closing, servicing and the secondary market.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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- Electronic System Assurance: Both exchanges utilize electronic trading systems and have data centers in New York equipped with backup systems and contingency plans, ensuring market operations can continue even in severe weather.
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- Integrated Analytics: The new platform architecture features the integration of live data feeds with customizable charting and built-in indicators, allowing users to interpret market movements without leaving the interface, which enhances the efficiency and accuracy of trading decisions.
- Automation Support: The system is designed for both manual monitoring and the implementation of structured automated trading strategies, catering to high-frequency trading needs and reflecting the company's responsiveness to rapid market changes.
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See More
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See More
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See More
