Pacific Premier Bancorp Inc expected to post earnings of 58  cents a share - Earnings Preview

Pacific Premier Bancorp

25/07/2023 14:34

* Pacific Premier Bancorp Inc  PPBI.OQ   PPBI.O  is expected
to show a fall in quarterly revenue when it reports  results on
July 27. 
    * The Irvine California-based  company is expected to report
 a
6.7% decrease in revenue to $161.225 million from $172.77
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 58 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 $24​, below​ its last closing price of $24.33.
​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2023  0.68        0.69       0.66      Missed  -4.4
 Dec. 31 2023  0.78        0.78       0.77      Missed  -1
 Sep. 30 2022  0.77        0.76       0.77      Beat    1.4​
 Jun. 30 2022  0.72        0.72       0.73      Beat    2
 ​​Mar.        0.75        0.75       0.70      Missed  -6
 31 2022                                                
 Dec. 31 2021  0.85        0.84       0.89      Beat    6.5​
 Sep. 30 2021  0.85        0.83       0.95      Beat    15.1
 Jun. 30 2021  0.72        0.71       1.01      Beat    42.6
 This summary was machine generated July 25 at 13:34 GMT.  All
figures in US dollars  unless otherwise stated