$ 0.30 Per-Year Earnings Per Share for Provident Financial Services, Inc. (PFS) this Quarter

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Provident Financial Services logo «title =" Provident Financial Services logo "class =" companylogo "/> Equity research analysts expect Provident Financial Services, Inc. (NYSE: PFS) to announce Earnings per share (EPS) of According to Zacks' report, three analysts published estimates for the benefit of Provident Financial Services, a profit of $ 0.38 per share in the corresponding quarter of the prior year; which would indicate a negative growth rate of 21.1% from one year to the next. The firm is expected to release its next results before the market opens on Friday, July 27. </p> <p> According to Zacks, analysts expect Provident Financial Services to post an annual profit of $ 1.66 per share for the current fiscal year. Analysts expect the company to post a profit of $ 1.92 per share over the next fiscal year, with EPS estimates ranging from $ 1.90 to $ 1.95. an average based on a survey of analysts who follow Provident Financial Services. </p> <p> Provident Financial Services (NYSE: PFS) released its latest quarterly earnings data on Friday, April 27. The savings and credit company reported earnings per share of $ 0.43 for the quarter, which corresponds to the consensus estimate of $ 0.43. The company achieved a turnover of 86.58 million dollars for the quarter, against 86.38 million dollars for analysts. Provident Financial Services reported a return on equity of 7.89% and a net margin of 25.30%. The turnover of Provident Financial Services is up 8.9% compared to the same quarter of last year. During the same period last year, the company posted earnings per share of $ 0.37. </p> <p> The SSP has been the subject of several reports by research analysts. Sandler O'Neill reaffirmed a "hold" rating on Provident Financial Services shares in a research note on Thursday, June 28. Boenning Scattergood confirmed a "neutral" rating on Provident Financial Services shares in a research note on Friday, June 29. Finally, Zacks Investment Research downgraded Provident Financial Services 'hold' rating to a 'sell' note in a research note on Thursday, June 28. Two analysts rated the stock with a sales note, five attributed a blocking rating and two gave a buy note to the company. Provident Financial Services currently has an average rating of "Hold" and a consensus price target of $ 28.42. </p> <p> NYSE: PFS opened at $ 27.86 on Thursday. The stock has a market capitalization of 1.87 billion, a price / earnings ratio of 17.63, a price / earnings ratio of 1.96 and a beta of 0.98. The company has a ratio of 1.09, a ratio of 1.09 and a debt ratio of 1.24. Provident Financial Services has a twelve-month low of $ 23.26 and a twelve-month high of $ 29.12. </p> <p> In other news from Provident Financial Services, director Carlos Hernandez sold 3,600 shares in a transaction dated Thursday, June 14. The stock was sold at an average price of $ 27.93, for a total value of $ 100,548.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available via this link. Insiders of the company own 3.00% of the shares of the company. </p> <p> A number of institutional investors recently bought and sold PFS shares. PNC Financial Services Group Inc. increased its position in Provident Financial Services by 684.8% in the first quarter. PNC Financial Services Group Inc. now holds 197,907 shares in the savings and credit company, valued at $ 5,063,000, after purchasing 172,689 additional shares in the last quarter. Millennium Management LLC increased its position in Provident Financial Services by 69.5% in the fourth quarter. Millennium Management LLC now holds 343,518 shares in the savings and credit company, valued at $ 9,265,000, after purchasing an additional 140,816 shares in the last quarter. Wells Fargo & Company MN increased its position in Provident Financial Services by 48.9% in the first quarter. Wells Fargo & Company MN now holds 369,095 shares in the savings and loans company, valued at $ 9,445,000, after purchasing 121,204 additional shares in the last quarter. Deutsche Bank AG increased its position in Provident Financial Services by 78.3% in the fourth quarter. Deutsche Bank AG now holds 180,126 shares in the savings and loan company worth $ 4,856,000 after purchasing 79,084 additional shares in the last quarter. Finally, Renaissance Technologies LLC increased its position in Provident Financial Services by 4.4% in the fourth quarter. Renaissance Technologies LLC now holds 1,106,900 shares in the savings and credit company, valued at $ 29,853,000, after purchasing an additional 46,900 shares in the last quarter. Hedge funds and other institutional investors hold 64.43% of the company's shares. </p> <p> <strong> About Provident Financial Services </strong> </p> <p> Provident Financial Services, Inc. is the holding company of Provident Bank which provides various banking services to individuals, families and businesses in the United States. Its deposit products include savings, checking, interest checking, money market deposit and deposit account accounts, as well as IRA and KEOGH accounts. </p> <p> See also: Book value of capital Own by Action – BVPS Explained <br /> <!--ViewCount:ArticleHistoryID=21698398&PostDate=2018-7-22&type=c&secondary=1&id=434051--> <!--Keyword: Provident Financial Services,NYSE:PFS,PFS,Finance,74386T10,Ratings,Consensus--> <!--Ratings:3,6,NYSE:PFS--> </p> <p> Get a Free Copy of Zacks' Research Report on Provider Financial Services (PFS) </p> <p> For more information on Zacks Investment Research's research offers, visit Zacks.com </p> <p style= and estimates for Provident Financial Services (NYSE: PFS)

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