CASH Stock Recent News

Pathward Financial, Inc. (NASDAQ:CASH ) Q2 2024 Earnings Conference Call April 24, 2024 5:00 PM ET Corporate Participants Darby Schoenfeld - Senior Vice President, Investor Relations Brett Pharr - Chief Executive Officer Greg Sigrist - Executive Vice President and Chief Financial Officer Conference Call Participants Frank Schiraldi - Piper Sandler Tim Switzer - KBW David Feaster - Raymond James Operator Ladies and gentlemen, thank you for standing by, and welcome to Pathward Financial's Second Quarter Fiscal Year 2024 Investor Conference Call. During the presentation, all participants will be in a listen-only mode.

While the top- and bottom-line numbers for Pathward (CASH) give a sense of how the business performed in the quarter ended March 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Pathward Financial (CASH) came out with quarterly earnings of $2.56 per share, beating the Zacks Consensus Estimate of $2.37 per share. This compares to earnings of $2.18 per share a year ago.

SIOUX FALLS, S.D.--(BUSINESS WIRE)--Pathward Financial, Inc. (“Pathward Financial”, the “Company”) (Nasdaq: CASH) today announced it will release financial results for the second quarter of fiscal year 2024 on Wednesday, April 24, 2024, after market close. Pathward Financial will also host a conference call and earnings webcast with a corresponding presentation at 4:00 p.m. Central Time (5:00 p.m. Eastern Time) on the same day to discuss these results. The live webcast of the call can be access.

Pathward Financial, Inc. stock has underperformed in recent months, with only a 6.4% increase compared to the S&P 500's 19% increase. Despite the underperformance, the company's financial results show positive growth in net interest income and asset value. Pathward Financial shares are undervalued, and the company's high-quality assets suggest potential for future growth.

The headline numbers for Pathward (CASH) give insight into how the company performed in the quarter ended December 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Pathward Financial (CASH) came out with quarterly earnings of $1.06 per share, missing the Zacks Consensus Estimate of $1.23 per share. This compares to earnings of $0.81 per share a year ago.

Besides Wall Street's top -and-bottom-line estimates for Pathward (CASH), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended December 2023.

Pathward (CASH) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Pathward Financial is a banking firm with a differentiated business model that makes it an appealing opportunity for investors. The company engages in a wide variety of commercial banking activities, including commercial finance loans, consumer finance loans, and tax services loans. Pathward Financial has achieved attractive financial results, with growing net interest income and non-interest income, and a higher return on assets compared to similar banks.