Park Nationwide (PRK) got here out with quarterly earnings of $1.89 per share, beating the Zacks Co
Park Nationwide (PRK) got here out with quarterly earnings of $1.89 per share, beating the Zacks Consensus Estimate of $1.76 per share. This compares to earnings of $1.56 per share a 12 months in the past. These figures are adjusted for non-recurring objects.
This quarterly report represents an earnings shock of seven.39%. 1 / 4 in the past, it was anticipated that this monetary companies holding firm would submit earnings of $1.79 per share when it really produced earnings of $1.61, delivering a shock of -10.06%.
Over the past 4 quarters, the corporate has surpassed consensus EPS estimates simply as soon as.
Park Nationwide, which belongs to the Zacks Banks – Midwest trade, posted revenues of $105.24 million for the quarter ended September 2019, surpassing the Zacks Consensus Estimate by 4.36%. This compares to year-ago revenues of $91.74 million. The corporate has topped consensus income estimates two instances over the past 4 quarters.
The sustainability of the inventory’s speedy worth motion primarily based on the…