Provident Financial Holdings (NASDAQ:PROV) Second Quarter 2023 Results
Key Financial Results
Revenue: US$10.2m (flat on 2Q 2022).
Net income: US$2.37m (up 4.7% from 2Q 2022).
Profit margin: 23% (up from 22% in 2Q 2022).
EPS: US$0.33 (up from US$0.30 in 2Q 2022).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Provident Financial Holdings EPS Beats Expectations
Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 3.1%.
Looking ahead, revenue is forecast to grow 6.8% p.a. on average during the next 2 years, compared to a 6.7% growth forecast for the Mortgage industry in the US.
The company's shares are up 1.4% from a week ago.
Balance Sheet Analysis
While it's very important to consider the profit and loss statement, you can also learn a lot about a company by looking at its balance sheet. We have a graphic representation of Provident Financial Holdings' balance sheet and an in-depth analysis of the company's financial position.
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