Financial Institutions (NASDAQ:FISI) reported its Q4 earnings results on Thursday, January 25, 2024 at 04:05 PM.
Here’s what investors need to know about the announcement.
Earnings
Financial Institutions missed estimated earnings by 14.08%, reporting an EPS of $0.61 versus an estimate of $0.71.
Revenue was down $3.26 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.05 which was followed by a 2.69% drop in the share price the next day.
Here’s a look at Financial Institutions’s past performance:
| Quarter | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 |
|---|---|---|---|---|
| EPS Estimate | 0.83 | 0.75 | 0.81 | 0.81 |
| EPS Actual | 0.88 | 0.91 | 0.76 | 0.76 |
| Revenue Estimate | 42.43M | 41.74M | 42.77M | 43.19M |
| Revenue Actual | 41.68M | 42.34M | 41.81M | 43.15M |
To track all earnings releases for Financial Institutions visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.