Pacific Premier Bancorp Inc expected to post earnings of 71  cents a share - Earnings Preview

Pacific Premier Bancorp

19/07/2022 14:31

* Pacific Premier Bancorp Inc  PPBI.OQ   PPBI.O  is expected
to show a rise in quarterly revenue when it reports  results on
July 21. 
    * The Irvine California-based  company is expected to report
 a
5.2% increase in revenue to $169.31 million from $160.93 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 71 cents per share. For the same quarter
last year, the company reported earnings of $1.01 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 $39​, above​ its last closing price of $30.23.
​​​
    * 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 2022  0.75        0.75       0.70      Missed  -6
 Dec. 31 2022  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
 ​​Mar.        0.60        0.58       0.72      Beat    23.4
 31 2021                                                
 Dec. 31 2020  0.51        0.49       0.71      Beat    45.9​
 Sep. 30 2020  0.55        0.52       0.70      Beat    33.6
 Jun. 30 2020  -0.65       -0.61      -1.44     Missed  -135.4
 This summary was machine generated July 19 at 13:31 GMT.  All
figures in US dollars  unless otherwise stated