Provident Bancorp (PVBC) has announced that it will be unveiling its third quarter financial results on Thursday 24th October 2024. This eagerly anticipated announcement is scheduled to occur after market close, ensuring that investors and analysts have the opportunity to gain valuable insights into the company's performance during the quarter.
the establishment is expected to report an estimated per share $0.07 profit for the quarter, as predicted by financial analysts on Wall Street. Furthermore, the company is anticipated to disclose a total revenue of $13.7 million during this period.
When examining the earnings report from the corresponding quarter of the previous year, it is evident that the company showcased per-share income of $0.15. This numbers can be credited to the company's total revenue, which amounted to an impressive $15.65 million during the same quarter.
Wall Street analysts have provided their insights on the company's performance for the year, forecasting a total revenue of $54.5 million. Additionally, they anticipate the earnings per share to reach profit of $0.22 during the fiscal year.
The previous trading day saw Provident Bancorp (PVBC) shares trading between $10.58 and $10.79, besides a volume of 21.40 thousand shares. The stock closed Tuesday's regular trading session at $10.62, marking 1.21 percent fall.