Revenue Update on TFS Financial Corporation(NASDAQ:TFSL)

TFS Financial Corporation(NASDAQ:TFSL) announced the earnings results for Fiscal Year 2016 and Q2. The results came in during After-hours on Jul 28, 2016. Company reported revenue of $73.50M. Analysts estimated a revenue of $69.28M. Earnings per share were $0.07. Analysts had estimated an EPS of $0.07.

TFS Financial Corporation (TFSL) shares turned negative on Thursdays trading session with the shares closing down -0.06 points or -0.33% at a volume of 1,88,027. The pessimistic mood was evident in the company shares which never went considerably beyond the level of $18.15. The peak price level was also seen at $18.15 while the days lowest was $17.98. Finally the shares closed at $18.09. The 52-week high of the shares is $19.42 while the 52-week low is $15.58. According to the latest information available, the market cap of the company is $5,190 M.

Several Insider Transactions has been reported to the SEC. On Jun 1, 2016, Paul J Huml (Chief Operating Officer) sold 2,739 shares at $18.37 per share price.Also, On May 20, 2016, David S Huffman (Chief Financial Officer) sold 13,501 shares at $18.00 per share price.On May 19, 2016, Marc A Stefanski (Chairman, President and CEO) sold 55,957 shares at $17.86 per share price, according to the Form-4 filing with the securities and exchange commission.

TFS Financial Corporation was organized as the holding company for Third Federal Savings and Loan Association of Cleveland (Third Federal Savings and Loan or the Association). The Company’s ownership of the Association remains its principal business activity. It also operates Third Capital Inc. as a wholly owned subsidiary. Third Capital Inc. has no separate operations other than as the holding company for its operating subsidiaries and as an investor or partner in other entities including investments in private equity funds. Third Capital Inc. is a partner of Hazelmere Investment Group I Ltd. This entity engages in net lease transactions of commercial buildings. Third Cap Associates Inc. maintains investments in private equity funds and owns 49% and 60% respectively of two title agencies that provide escrow and settlement services in the State of Ohio to customers of Third Federal Savings and Loan.

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