First Defiance Monetary (FDEF) Surpasses Q3 Earnings and Income Estimates

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First Defiance Monetary (FDEF) Surpasses Q3 Earnings and Income Estimates

First Defiance Monetary (FDEF) got here out with quarterly earnings of $0.68 per share, beating the


First Defiance Monetary (FDEF) got here out with quarterly earnings of $0.68 per share, beating the Zacks Consensus Estimate of $0.61 per share. This compares to earnings of $0.55 per share a 12 months in the past. These figures are adjusted for non-recurring gadgets.

This quarterly report represents an earnings shock of 11.48%. 1 / 4 in the past, it was anticipated that this holding firm for First Federal Financial institution of the Midwest would put up earnings of $0.58 per share when it really produced earnings of $0.61, delivering a shock of 5.17%.

During the last 4 quarters, the corporate has surpassed consensus EPS estimates thrice.

First Defiance, which belongs to the Zacks Monetary – Financial savings and Mortgage trade, posted revenues of $40.73 million for the quarter ended September 2019, surpassing the Zacks Consensus Estimate by 1.46%. This compares to year-ago revenues of $37.45 million. The corporate has topped consensus income estimates two instances during the last 4 quarters.

The sustainability of the…



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