FS Bancorp (FSBW) Misses Q4 Earnings Estimates

FS Bancorp (FSBW) came out with quarterly earnings of $0.97 per share, missing the Zacks Consensus Estimate of $1.11 per share. This compares to earnings of $1.01 per share a year ago. These figures are adjusted for non-recurring items.

This quarterly report represents an earnings surprise of -12.61%. A quarter ago, it was expected that this bank holding company would post earnings of $0.93 per share when it actually produced earnings of $1.08, delivering a surprise of 16.13%.

Over the last four quarters, the company has surpassed consensus EPS estimates three times.

FS Bancorp, which belongs to the Zacks Banks - West industry, posted revenues of $33 million for the quarter ended December 2022, surpassing the Zacks Consensus Estimate by 2.48%. This compares to year-ago revenues of $30.57 million. The company has topped consensus revenue estimates three times over the last four quarters.

The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.