Pacific Premier Bancorp Inc expected to post earnings of 55  cents a share - Earnings Preview

Pacific Premier Bancorp

20/10/2023 14:04

* Pacific Premier Bancorp Inc  PPBI.OQ   PPBI.O  is expected
to show a fall in quarterly revenue when it reports  results 
    * The Irvine California-based  company is expected to report
 a
14.2% decrease in revenue to $155.366 million from $181.11
million a year ago, according to the mean estimate from 7
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Pacific Premier
Bancorp
Inc is for earnings of 55 cents per share. 
    * The current average analyst rating on the shares is "buy"
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 $26​, above​ its last closing price of $21.06.
​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Jun. 30 2023  0.57        0.58       0.60      Beat    3.7
 Mar. 31 2023  0.68        0.69       0.66      Missed  -4.4
 Dec. 31 2022  0.78        0.78       0.77      Missed  -1​
 Sep. 30 2022  0.77        0.76       0.77      Beat    1.4
 ​​Jun.        0.72        0.72       0.73      Beat    2
 30 2022                                                
 Mar. 31 2022  0.75        0.75       0.70      Missed  -6​
 Dec. 31 2021  0.85        0.84       0.89      Beat    6.5
 Sep. 30 2021  0.85        0.83       0.95      Beat    15.1
 This summary was machine generated October 20 at 13:04 GMT.  All
figures in US dollars  unless otherwise stated