Park National Co. (PRK) to Release Quarterly Earnings on Monday
Park National Co. (NYSEMKT:PRK) is set to issue its quarterly earnings data after the market closes on Monday, July 24th. Analysts expect the company to announce earnings of $1.41 per share for the quarter.
Park National (NYSEMKT:PRK) last issued its earnings results on Friday, April 21st. The financial services provider reported $1.31 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.33 by $0.02. The company had revenue of $76.46 million during the quarter, compared to analyst estimates of $77.75 million. Park National had a net margin of 26.51% and a return on equity of 10.94%. On average, analysts expect Park National to post $5.67 EPS for the current fiscal year and $6.28 EPS for the next fiscal year.
Shares of Park National Co. (NYSEMKT:PRK) opened at 103.63 on Monday. Park National Co. has a 52 week low of $87.60 and a 52 week high of $122.88. The firm has a market cap of $1.59 billion, a price-to-earnings ratio of 18.21 and a beta of 0.85. The stock has a 50 day moving average of $104.39 and a 200-day moving average of $108.22.
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Several analysts have issued reports on the stock. Zacks Investment Research lowered shares of Park National from a “buy” rating to a “hold” rating in a research report on Thursday, April 27th. BidaskClub lowered shares of Park National from a “hold” rating to a “sell” rating in a research report on Friday, June 23rd.
Park National Company Profile
Park National Corporation (Park) is a financial holding company. Park’s principal business consists of owning and supervising its subsidiaries. Park’s banking operations are conducted through The Park National Bank (Park National Bank). Its segments include Park National Bank, Guardian Financial Services Company (Guardian Finance) and SE Property Holdings, LLC (SEPH).
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