Pacific Premier Bancorp Inc expected to post earnings of 38 cents a share - Earnings Preview

Pacific Premier Bancorp

22/10/2024 15:08

* Pacific Premier Bancorp Inc  PPBI.OQ   PPBI.O  is expected
to show a fall in quarterly revenue when it reports  results on
October 24 for the period ending September 30 2024
    * The Irvine California-based  company is expected to report
a
6.9% decrease in revenue to $139.243 million from $149.55
million a year ago, according to the mean estimate from 7
analysts, based on LSEG data. (Revenue basis is Net Interest
Income)
    * ​LSEG's mean analyst estimate for Pacific Premier Bancorp
Inc is
for earnings of 38 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 4
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Pacific
Premier
Bancorp Inc is $27.00​, above​ its last closing price of $25.53.
​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jun. 30 2024  0.43        0.43       0.43      Met     0.1
 Mar. 31 2024  0.47        0.47       0.49      Beat    4
 Dec. 31 2023  0.48        0.48       0.51      Beat    5.8​
 Sep. 30 2023  0.55        0.55       0.48      Missed  -12.7
 ​​Jun.        0.57        0.58       0.60      Beat    3.7
 30 2023                                                
 Jan. 1 0001   0.68        0.69       0.66      Missed  -4.4​
 Dec. 31 2022  0.78        0.78       0.77      Missed  -1
 Jan. 1 0001   0.77        0.76       0.77      Beat    1.4
 This summary was machine generated October 22 at 14:08 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)