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Stock impact report

Unlocking Q1 Potential of Preferred Bank (PFBC): Exploring Wall Street Estimates for Key Metrics [Yahoo! Finance]

Preferred Bank (PFBC) 
Last preferred bank earnings: 4/22 04:05 pm Check Earnings Report
Company Research Source: Yahoo! Finance
Revenues are forecasted to be $68.6 million, representing a year-over-year decrease of 5.6%. Over the last 30 days, there has been no revision in the consensus EPS estimate for the quarter. This signifies the covering analysts' collective reconsideration of their initial forecasts over the course of this timeframe. Ahead of a company's earnings disclosure, it is crucial to give due consideration to changes in earnings estimates. These revisions serve as a noteworthy factor in predicting potential investor reactions to the stock. Numerous empirical studies consistently demonstrate a strong relationship between trends in earnings estimate revision and the short-term price performance of a stock. While it's common for investors to rely on consensus earnings and revenue estimates for assessing how the business may have performed during the quarter, exploring analysts' forecasts for key metrics can yield valuable insights. That said, let's delve into the average estimates of some P Show less Read more
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