Orrstown Financial Services (ORRF) Q4 Earnings and Revenues Miss Estimates

Group 1: Earnings Performance - Orrstown Financial Services reported quarterly earnings of $0.87 per share, missing the Zacks Consensus Estimate of$1.03 per share, representing an earnings surprise of -15.53% [1] - The company posted revenues of $61.82 million for the quarter ended December 2024, missing the Zacks Consensus Estimate by 3.33$32.51 million [2] - Over the last four quarters, Orrstown has surpassed consensus EPS estimates three times and topped consensus revenue estimates three times [2] Group 2: Stock Performance and Outlook - Orrstown shares have not added value since the beginning of the year, while the S&P 500 has gained 3.2% [3] - The company's earnings outlook is crucial for investors, as it includes current consensus earnings expectations for upcoming quarters and any recent changes to these expectations [4] - The current consensus EPS estimate for the coming quarter is $1.03 on revenues of$63.55 million, and for the current fiscal year, it is $4.37 on revenues of$259.85 million [7] Group 3: Industry Context - The Zacks Industry Rank for Banks - Northeast is currently in the top 7% of over 250 Zacks industries, indicating a favorable outlook for the sector [8] - Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can impact stock performance [5] - The current status of estimate revisions for Orrstown translates into a Zacks Rank 3 (Hold), suggesting the shares are expected to perform in line with the market in the near future [6]