Pathward Financial Inc reports results for the quarter ended September 30 - Earnings Summary

• Pathward Financial Inc reported quarterly adjusted earnings of $1.85​​ per share for the quarter ended September 30, higher than the same quarter last year, when the company reported EPS of $1.79. The mean expectation of three analysts for the quarter was for earnings of $1.58 per share. Wall Street expected results to range from $1.49 to $1.70 per share.

• Revenue fell 1.9% to $183.12 million from a year ago; analysts expected $179.10 million.

• Pathward Financial Inc's reported EPS for the quarter was $1.85​.

• The company reported quarterly net income of $38.59 million.

• Pathward Financial Inc shares had risen by 3.9% this quarter and gained 4.1% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 6.6% in the last three months.​

• In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell." The average consensus recommendation for the banks peer group is also "buy"

• Wall Street's median 12-month price target for Pathward Financial Inc is $97.50, about 24.2% above its last closing price of $73.93

This summary was machine generated from LSEG data October 21 at 09:53 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)