Provident Financial Holdings, Inc. (NASDAQ:PROV) is set to announce first quarter earning results on Wednesday 28th October 2020, before market open.
Analysts surveyed by Thomson Reuters are predicting, PROV to report 1Q21 income of $ 0.24 per share from revenue of $ 9.55 million.
For the full year, analysts anticipate top line of $ 38.85 million, while looking forward to income of $ 1.08 per share bottom line.
Previous Quarter Performance
Provident Financial Holdings, Inc. posted income for the fourth quarter of $ 0.21 per share, from the revenue of $ 9.29 million. The quarterly earnings grew 110.00 percent while revenues down 13.10 percent compared with the same quarter last year.
According to street consensus, PROV was expected to report 4Q20 income of $ 0.16 per share from revenue of $ 10.02 million. The bottom line results beat street analysts by $ 0.05 or 31.25 percent, at the same time, top line results fell short of analysts by $ 0.73 million or 7.29 percent.
Stock Performance
Shares of Provident Financial Holdings, Inc. traded low $ -0.04 or -0.29 percent on Tuesday, reaching $ 13.57 with volume of 3.50 thousand shares. Provident Financial Holdings, Inc. has traded high as $ 13.70 and has cracked $ 12.89 on the downward trend
According to the previous trading day, closing price of $ 13.57, representing a 19.39 % increase from the 52 week low of $ 11.40 and a 40.8 % decrease over the 52 week high of $ 22.99.
The company has a market capital of $ 100.98 million and is part of the Financial Services sector and Savings & Cooperative Banks industry.
Recent Analyst recommendations
- On 1st October 2020, maintained by Piper Sandler at Overweight rating, with $ 14.00 target price.
Provident Financial Holdings, Inc. operates as the holding company for Provident Savings Bank, F.S.B. that provides community and mortgage banking services to consumers and small to mid-sized businesses in the Inland Empire region of Southern California.
