Alert: New Earnings Report (7/25/24)-Penseco Financial Services Corp (NASDAQ: PFIS).

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Penseco Financial Services Corp (NASDAQ: PFIS) has reported earnings for its second fiscal quarter (ending June 30) of $0.47 versus $1.32 for the same period a year ago — a decline of -64%. Relative to the consensus estimate of $0.52, this was a shortfall of $-0.05. E.P.S. were $2.43 for the latest four quarters through June 30 versus $5.05 for the same period a year ago — a decline of -52%.

Recent Price Action

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Penseco Financial Services Corp (NASDAQ: PFIS) stock closed at $50.16 on 7/25/24 after a large increase of 2.9%. NORMAL trading volume accompanied the advance. The stock has risen 1.8% during the last week but has been weak relative to the market over the last nine months.

Current PriceTarget Research Rating

Reflecting future returns on capital that are forecasted to be above the cost of capital, PFIS is expected to be a modest Value Builder.

Penseco Financial Services has a current Value Trend Rating of C (Neutral). The Value Trend Rating reflects contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Penseco Financial Services has a good Appreciation Score of 74 but a slightly negative Power Rating of 38, with the Neutral Value Trend Rating the result.

Rating Review

In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.

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